PFG Investments LLC Buys Shares of 17,595 iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

PFG Investments LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the fourth quarter, Holdings Channel.com reports. The firm purchased 17,595 shares of the company’s stock, valued at approximately $653,000.

Several other institutional investors have also made changes to their positions in the company. Armbruster Capital Management Inc. increased its holdings in iShares MSCI Intl Quality Factor ETF by 3.5% in the fourth quarter. Armbruster Capital Management Inc. now owns 426,324 shares of the company’s stock worth $15,825,000 after buying an additional 14,528 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 5.9% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,881,182 shares of the company’s stock valued at $106,949,000 after purchasing an additional 161,297 shares during the last quarter. Baron Financial Group LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF by 1.2% in the fourth quarter. Baron Financial Group LLC now owns 105,205 shares of the company’s stock worth $3,905,000 after purchasing an additional 1,260 shares in the last quarter. Marshall Financial Group LLC increased its position in iShares MSCI Intl Quality Factor ETF by 1.5% during the fourth quarter. Marshall Financial Group LLC now owns 219,654 shares of the company’s stock worth $8,154,000 after buying an additional 3,188 shares during the last quarter. Finally, Andina Capital Management LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 51.0% during the fourth quarter. Andina Capital Management LLC now owns 16,038 shares of the company’s stock valued at $595,000 after buying an additional 5,418 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT opened at $38.78 on Thursday. The company has a market cap of $8.02 billion, a PE ratio of 16.83 and a beta of 0.90. The stock has a 50-day moving average of $38.14 and a 200-day moving average of $39.22. iShares MSCI Intl Quality Factor ETF has a 52-week low of $36.57 and a 52-week high of $41.93.

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.