USAdvisors Wealth Management LLC Reduces Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

USAdvisors Wealth Management LLC reduced its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 179,639 shares of the company’s stock after selling 25,098 shares during the quarter. iShares MSCI Intl Quality Factor ETF comprises 2.2% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 9th largest holding. USAdvisors Wealth Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $6,668,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IQLT. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.2% in the third quarter. PNC Financial Services Group Inc. now owns 30,524,295 shares of the company’s stock valued at $1,266,453,000 after buying an additional 361,685 shares during the period. JPMorgan Chase & Co. raised its position in iShares MSCI Intl Quality Factor ETF by 12.1% in the third quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock worth $226,402,000 after acquiring an additional 589,511 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 5.6% during the 4th quarter. Capital Investment Advisors LLC now owns 4,690,073 shares of the company’s stock valued at $174,096,000 after purchasing an additional 247,190 shares in the last quarter. Cerity Partners LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 3.4% during the 3rd quarter. Cerity Partners LLC now owns 4,428,982 shares of the company’s stock valued at $183,758,000 after purchasing an additional 146,253 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 3.5% in the 3rd quarter. LPL Financial LLC now owns 3,351,160 shares of the company’s stock worth $139,040,000 after purchasing an additional 112,650 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT stock opened at $38.78 on Thursday. The firm has a market cap of $8.02 billion, a PE ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 12 month low of $36.57 and a 12 month high of $41.93. The firm has a 50 day simple moving average of $38.14 and a 200 day simple moving average of $39.22.

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.