Verus Capital Partners LLC Sells 97,545 Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Verus Capital Partners LLC cut its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 27.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 258,131 shares of the company’s stock after selling 97,545 shares during the period. iShares MSCI Intl Quality Factor ETF makes up approximately 0.9% of Verus Capital Partners LLC’s investment portfolio, making the stock its 19th largest holding. Verus Capital Partners LLC owned about 0.12% of iShares MSCI Intl Quality Factor ETF worth $9,582,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock worth $226,402,000 after buying an additional 589,511 shares during the period. Thrivent Financial for Lutherans increased its stake in iShares MSCI Intl Quality Factor ETF by 216.2% in the third quarter. Thrivent Financial for Lutherans now owns 661,549 shares of the company’s stock valued at $27,447,000 after purchasing an additional 452,315 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in iShares MSCI Intl Quality Factor ETF by 1.2% in the third quarter. PNC Financial Services Group Inc. now owns 30,524,295 shares of the company’s stock valued at $1,266,453,000 after purchasing an additional 361,685 shares in the last quarter. Wharton Business Group LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 88.9% in the third quarter. Wharton Business Group LLC now owns 738,310 shares of the company’s stock worth $30,632,000 after purchasing an additional 347,475 shares during the period. Finally, Private Advisor Group LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 110.0% during the fourth quarter. Private Advisor Group LLC now owns 527,942 shares of the company’s stock worth $19,598,000 after purchasing an additional 276,540 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 1.4 %

Shares of IQLT stock opened at $39.76 on Friday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $36.57 and a 12-month high of $41.93. The firm has a fifty day moving average of $38.56 and a 200-day moving average of $39.35. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 20.60 and a beta of 0.90.

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.