NewEdge Advisors LLC Has $14.06 Million Position in iShares MSCI Intl Quality Factor ETF $IQLT

NewEdge Advisors LLC lessened its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 4.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 304,095 shares of the company’s stock after selling 13,994 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $14,058,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 purchasing an additional 19,184,191 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares MSCI Intl Quality Factor ETF by 19.6% in the 2nd quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after buying an additional 4,094,153 shares during the period. Richard Bernstein Advisors LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 21.0% in the 4th 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 in the last quarter. OpenArc Corporate Advisory LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $90,603,000. Finally, Dynasty Wealth Management LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth about $74,227,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of iShares MSCI Intl Quality Factor ETF stock opened at $51.67 on Friday. The firm’s 50-day simple moving average is $49.49 and its 200-day simple moving average is $48.54. iShares MSCI Intl Quality Factor ETF has a twelve month low of $42.22 and a twelve month high of $51.77. The firm has a market cap of $14.24 billion, a P/E ratio of 18.86 and a beta of 0.82.

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.