HighTower Advisors LLC Increases Stake in iShares MSCI Intl Quality Factor ETF $IQLT

HighTower Advisors LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 0.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,225,066 shares of the company’s stock after buying an additional 19,203 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $101,129,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI Intl Quality Factor ETF by 56.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 53,043,095 shares of the company’s stock valued at $2,343,974,000 after buying an additional 19,184,191 shares during the period. Bank of America Corp DE raised its holdings in iShares MSCI Intl Quality Factor ETF by 6.6% in the third quarter. Bank of America Corp DE now owns 26,613,791 shares of the company’s stock valued at $1,176,063,000 after buying an additional 1,638,924 shares during the period. Richard Bernstein Advisors LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 21.0% in the fourth quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock valued at $579,508,000 after buying an additional 2,216,790 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares MSCI Intl Quality Factor ETF by 13.5% in the second quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after buying an additional 1,107,638 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in iShares MSCI Intl Quality Factor ETF by 84.8% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,444,572 shares of the company’s stock valued at $292,906,000 after buying an additional 2,956,717 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Down 0.6%

Shares of NYSEARCA:IQLT opened at $48.49 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.00. The company has a 50 day moving average of $47.69 and a two-hundred day moving average of $46.82. The company has a market capitalization of $12.78 billion, a price-to-earnings ratio of 18.86 and a beta of 0.84.

iShares MSCI Intl Quality Factor ETF 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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.