Sage Mountain Advisors LLC Purchases 86,958 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Sage Mountain Advisors LLC raised its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 6.3% in the third quarter, Holdings Channel reports. The fund owned 1,463,937 shares of the company’s stock after buying an additional 86,958 shares during the period. iShares MSCI Intl Quality Factor ETF makes up approximately 3.7% of Sage Mountain Advisors LLC’s portfolio, making the stock its 5th biggest holding. Sage Mountain Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $64,691,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IQLT. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock valued at $1,463,382,000 after purchasing an additional 31,439,365 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares MSCI Intl Quality Factor ETF by 3.2% in the second quarter. PNC Financial Services Group Inc. now owns 31,568,040 shares of the company’s stock valued at $1,364,371,000 after buying an additional 974,637 shares during the last quarter. Bank of America Corp DE raised its stake in iShares MSCI Intl Quality Factor ETF by 19.6% in the second quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after buying an additional 4,094,153 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares MSCI Intl Quality Factor ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 18,834,601 shares of the company’s stock valued at $814,031,000 after buying an additional 260,347 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in iShares MSCI Intl Quality Factor ETF by 13.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock worth $402,190,000 after buying an additional 1,107,638 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT opened at $46.63 on Tuesday. iShares MSCI Intl Quality Factor ETF has a 1 year low of $35.51 and a 1 year high of $47.27. The stock has a market cap of $13.95 billion, a P/E ratio of 18.86 and a beta of 0.89. The stock has a 50-day simple moving average of $45.39 and a 200-day simple moving average of $44.25.

About iShares MSCI Intl Quality Factor ETF

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.