iShares MSCI Intl Quality Factor ETF $IQLT Shares Sold by Valence8 US LP

Valence8 US LP cut its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.3% in the 1st quarter, HoldingsChannel reports. The fund owned 846,133 shares of the company’s stock after selling 76,843 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for approximately 13.7% of Valence8 US LP’s holdings, making the stock its 3rd largest holding. Valence8 US LP’s holdings in iShares MSCI Intl Quality Factor ETF were worth $39,117,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Russell Investments Group Ltd. boosted its stake in iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 13.1% in the 2nd quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock worth $407,000 after buying an additional 1,086 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the 2nd quarter worth $42,000. Raymond James Financial Inc. lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 4.8% in the second quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock valued at $77,930,000 after buying an additional 83,154 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.7% in the second quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock valued at $789,000 after buying an additional 311 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Up 0.3%

Shares of IQLT stock opened at $49.43 on Friday. The stock has a 50-day simple moving average of $49.25 and a 200 day simple moving average of $48.28. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $41.20 and a fifty-two week high of $50.08. The stock has a market capitalization of $13.62 billion, a P/E ratio of 18.86 and a beta of 0.83.

iShares MSCI Intl Quality Factor ETF Company 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.