Summit Wealth Partners LLC Sells 23,269 Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Summit Wealth Partners LLC cut its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 265,521 shares of the company’s stock after selling 23,269 shares during the quarter. iShares MSCI Intl Quality Factor ETF comprises approximately 2.0% of Summit Wealth Partners LLC’s holdings, making the stock its 13th biggest position. Summit Wealth Partners LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $9,856,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 85.7% in the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock valued at $35,000 after buying an additional 431 shares in the last quarter. CENTRAL TRUST Co bought a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth $42,000. JDM Financial Group LLC bought a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth $52,000. Fifth Third Bancorp boosted its position in iShares MSCI Intl Quality Factor ETF by 145.7% during the fourth quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after purchasing an additional 934 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in iShares MSCI Intl Quality Factor ETF by 287.8% during the third quarter. Farther Finance Advisors LLC now owns 2,788 shares of the company’s stock worth $116,000 after purchasing an additional 2,069 shares during the period.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT stock opened at $39.33 on Thursday. The company has a fifty day moving average price of $38.21 and a two-hundred day moving average price of $39.19. iShares MSCI Intl Quality Factor ETF has a one year low of $36.57 and a one year high of $41.93. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 16.83 and a beta of 0.90.

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.