StoneX Group Inc. Makes New Investment in iShares MSCI Intl Quality Factor ETF $IQLT

StoneX Group Inc. bought a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the third quarter, HoldingsChannel reports. The fund bought 13,193 shares of the company’s stock, valued at approximately $653,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 14,377,913 shares of the company’s stock valued at $712,387,000 after purchasing an additional 157,939 shares during the last quarter. Capital Investment Advisors LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the third quarter valued at about $309,784,000. Corient Private Wealth LP grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 7.9% during the second quarter. Corient Private Wealth LP now owns 2,789,127 shares of the company’s stock worth $138,201,000 after purchasing an additional 204,208 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth about $70,484,000. Finally, Modern Wealth Management LLC grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 35.9% during the first quarter. Modern Wealth Management LLC now owns 1,396,649 shares of the company’s stock worth $65,461,000 after purchasing an additional 368,864 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

iShares MSCI Intl Quality Factor ETF stock opened at $50.66 on Thursday. The business has a 50 day moving average of $50.21 and a 200-day moving average of $49.26. iShares MSCI Intl Quality Factor ETF has a 1 year low of $43.18 and a 1 year high of $52.36. The company has a market capitalization of $13.81 billion, a P/E ratio of 18.56 and a beta of 0.82.

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.