SVB Wealth LLC Sells 18,966 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

SVB Wealth LLC cut its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 13.0% during the 1st quarter, Holdings Channel reports. The firm owned 127,186 shares of the company’s stock after selling 18,966 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $5,880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IQLT. Trust Co. of Toledo NA OH boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 436.9% in the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the period. Arax Advisory Partners acquired a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $37,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at $42,000. Lloyd Advisory Services LLC. bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at $44,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after purchasing an additional 852 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of NYSEARCA IQLT opened at $49.34 on Tuesday. The stock has a market capitalization of $13.00 billion, a P/E ratio of 18.86 and a beta of 0.83. The stock’s fifty day moving average is $49.09 and its 200 day moving average is $47.64. iShares MSCI Intl Quality Factor ETF has a 52 week low of $41.20 and a 52 week high of $50.08.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.