HighTower Advisors LLC Sells 31,757 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

HighTower Advisors LLC trimmed its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 1.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,205,863 shares of the company’s stock after selling 31,757 shares during the quarter. HighTower Advisors LLC owned approximately 0.75% of iShares MSCI Intl Quality Factor ETF worth $97,477,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Guerra Advisors Inc acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth approximately $27,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at approximately $42,000. Russell Investments Group Ltd. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the period. Clearstead Trust LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at about $61,000. Finally, Root Financial Partners LLC acquired a new position in iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $64,000.

iShares MSCI Intl Quality Factor ETF Stock Up 0.6%

Shares of IQLT stock opened at $48.73 on Monday. iShares MSCI Intl Quality Factor ETF has a 52 week low of $35.51 and a 52 week high of $49.07. The firm has a 50 day moving average of $46.65 and a 200-day moving average of $44.91. The company has a market cap of $13.27 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89.

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.