Northwestern Mutual Wealth Management Co. Purchases 2,269,023 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,312,118 shares of the company’s stock after acquiring an additional 2,269,023 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for 1.6% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 14th largest holding. Northwestern Mutual Wealth Management Co. owned approximately 0.20% of iShares MSCI Intl Quality Factor ETF worth $2,513,936,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IQLT. Trust Co. of Toledo NA OH boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 436.9% in the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the period. Guerra Advisors Inc bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $27,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $42,000. Lloyd Advisory Services LLC. bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $44,000. Finally, Russell Investments Group Ltd. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% in the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after acquiring an additional 852 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT opened at $49.39 on Friday. The firm has a 50-day simple moving average of $48.07 and a 200 day simple moving average of $47.07. iShares MSCI Intl Quality Factor ETF has a twelve month low of $41.20 and a twelve month high of $50.00. The stock has a market cap of $13.01 billion, a PE ratio of 18.86 and a beta of 0.84.

iShares MSCI Intl Quality Factor ETF Profile

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.