Raymond James Financial Inc. Takes Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Raymond James Financial Inc. acquired a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,644,507 shares of the company’s stock, valued at approximately $61,044,000. Raymond James Financial Inc. owned 0.80% of iShares MSCI Intl Quality Factor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IQLT. Farther Finance Advisors LLC raised its position in iShares MSCI Intl Quality Factor ETF by 287.8% in 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. Assetmark Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 367.0% in the 3rd quarter. Assetmark Inc. now owns 9,149 shares of the company’s stock worth $380,000 after purchasing an additional 7,190 shares during the period. Addison Advisors LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 11.2% during the third quarter. Addison Advisors LLC now owns 177,814 shares of the company’s stock worth $7,378,000 after acquiring an additional 17,950 shares during the period. Venturi Wealth Management LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 1.8% during the third quarter. Venturi Wealth Management LLC now owns 185,289 shares of the company’s stock worth $7,688,000 after acquiring an additional 3,228 shares during the period. Finally, Tacita Capital Inc increased its position in shares of iShares MSCI Intl Quality Factor ETF by 3.8% during the third quarter. Tacita Capital Inc now owns 100,818 shares of the company’s stock worth $4,183,000 after acquiring an additional 3,732 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of NYSEARCA:IQLT opened at $40.07 on Tuesday. The firm has a market cap of $8.86 billion, a PE ratio of 20.48 and a beta of 0.89. The firm’s 50 day simple moving average is $38.92 and its 200-day simple moving average is $39.37. iShares MSCI Intl Quality Factor ETF has a one year low of $36.57 and a one year 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.