MFA Wealth Services Buys Shares of 54,194 iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

MFA Wealth Services purchased a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 54,194 shares of the company’s stock, valued at approximately $2,012,000. iShares MSCI Intl Quality Factor ETF comprises 1.6% of MFA Wealth Services’ investment portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Avior Wealth Management LLC grew its position in shares of iShares MSCI Intl Quality Factor ETF by 85.7% during the 4th quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock valued at $35,000 after purchasing an additional 431 shares in the last quarter. CENTRAL TRUST Co bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the third quarter worth approximately $42,000. JDM Financial Group LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $52,000. Farther Finance Advisors LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 287.8% during the third quarter. Farther Finance Advisors LLC now owns 2,788 shares of the company’s stock valued at $116,000 after purchasing an additional 2,069 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in iShares MSCI Intl Quality Factor ETF by 151.4% in the 3rd quarter. Blue Trust Inc. now owns 4,324 shares of the company’s stock worth $169,000 after buying an additional 2,604 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT opened at $38.76 on Friday. The company has a market capitalization of $8.01 billion, a P/E ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 52-week low of $36.57 and a 52-week high of $41.93. The company has a fifty day moving average of $38.06 and a 200-day moving average of $39.26.

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.