Envestnet Asset Management Inc. Raises Stock Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Envestnet Asset Management Inc. raised its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,377,913 shares of the company’s stock after buying an additional 157,939 shares during the quarter. Envestnet Asset Management Inc. owned about 5.22% of iShares MSCI Intl Quality Factor ETF worth $712,387,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. IRON Financial LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.2% in the 1st quarter. IRON Financial LLC now owns 17,668 shares of the company’s stock valued at $817,000 after acquiring an additional 215 shares during the period. Thrive Wealth Management LLC lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 0.3% in the 2nd quarter. Thrive Wealth Management LLC now owns 91,017 shares of the company’s stock worth $4,510,000 after acquiring an additional 232 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 19,104 shares of the company’s stock worth $883,000 after purchasing an additional 250 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 6.4% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,147 shares of the company’s stock worth $255,000 after purchasing an additional 310 shares during the period. Finally, Firestone Capital Management increased its holdings in iShares MSCI Intl Quality Factor ETF by 1.4% in the 2nd quarter. Firestone Capital Management now owns 23,048 shares of the company’s stock valued at $1,142,000 after purchasing an additional 311 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 1.5%

NYSEARCA IQLT traded down $0.75 on Wednesday, reaching $49.99. The stock had a trading volume of 1,279,577 shares, compared to its average volume of 1,816,536. The firm has a market capitalization of $13.77 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a 12-month low of $43.17 and a 12-month high of $52.36. The stock has a fifty day moving average price of $50.81 and a two-hundred day moving average price of $49.21.

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