Independent Advisor Alliance Grows Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Independent Advisor Alliance increased its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 4,413.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 359,350 shares of the company’s stock after acquiring an additional 351,388 shares during the quarter. Independent Advisor Alliance owned approximately 0.17% of iShares MSCI Intl Quality Factor ETF worth $13,339,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Avior Wealth Management LLC lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 85.7% during 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 during the last quarter. JDM Financial Group LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth approximately $52,000. Fifth Third Bancorp grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 145.7% during the 4th 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. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 287.8% during the 3rd 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. Finally, BankPlus Trust Department purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at approximately $173,000.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA:IQLT opened at $40.07 on Tuesday. iShares MSCI Intl Quality Factor ETF has a 1 year low of $36.57 and a 1 year high of $41.93. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 20.48 and a beta of 0.89. The business’s 50 day moving average price is $38.92 and its 200-day moving average price is $39.37.

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.