Parallel Advisors LLC Has $7.34 Million Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Parallel Advisors LLC cut its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 27.4% during the 1st quarter, Holdings Channel reports. The firm owned 158,688 shares of the company’s stock after selling 59,853 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $7,336,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Arax Advisory Partners bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $37,000. Qube Research & Technologies Ltd bought a new position in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $42,000. Lloyd Advisory Services LLC. acquired a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $44,000. Russell Investments Group Ltd. raised its holdings in iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd 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 in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at $51,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT opened at $51.12 on Thursday. The firm has a market cap of $14.08 billion, a P/E ratio of 18.86 and a beta of 0.82. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.99 and a 52-week high of $51.35. The business’s fifty day moving average is $49.41 and its 200-day moving average is $48.49.

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.