iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) is Silver Coast Investments LLC’s 2nd Largest Position

Silver Coast Investments LLC increased its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 5.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 829,788 shares of the company’s stock after acquiring an additional 40,237 shares during the quarter. iShares MSCI Intl Quality Factor ETF comprises 12.7% of Silver Coast Investments LLC’s holdings, making the stock its 2nd largest position. Silver Coast Investments LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $34,428,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IQLT. Diversified Trust Co purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the first quarter valued at $618,000. First Trust Direct Indexing L.P. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the first quarter valued at about $649,000. Private Advisor Group LLC grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 54.2% during the first quarter. Private Advisor Group LLC now owns 194,045 shares of the company’s stock valued at $7,695,000 after buying an additional 68,227 shares during the last quarter. Concourse Financial Group Securities Inc. grew its stake in iShares MSCI Intl Quality Factor ETF by 2.9% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 25,177 shares of the company’s stock valued at $999,000 after purchasing an additional 716 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares MSCI Intl Quality Factor ETF by 81.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,821 shares of the company’s stock worth $1,024,000 after buying an additional 11,570 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of iShares MSCI Intl Quality Factor ETF stock traded up $0.15 during trading on Friday, hitting $39.22. 99,584 shares of the company’s stock were exchanged, compared to its average volume of 976,238. The business has a 50-day simple moving average of $40.54 and a 200-day simple moving average of $39.69. The stock has a market capitalization of $8.11 billion, a price-to-earnings ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 52-week low of $33.70 and a 52-week high of $41.93.

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.