Exchange Traded Concepts LLC Buys New Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Exchange Traded Concepts LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 218,148 shares of the company’s stock, valued at approximately $8,098,000.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in 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 in the last quarter. Thrivent Financial for Lutherans increased its position in shares of iShares MSCI Intl Quality Factor ETF by 216.2% during the third quarter. Thrivent Financial for Lutherans now owns 661,549 shares of the company’s stock worth $27,447,000 after acquiring an additional 452,315 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of 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 acquiring an additional 361,685 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares MSCI Intl Quality Factor ETF in the second quarter valued at $13,480,000. Finally, Wharton Business Group LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 88.9% during the 3rd 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 in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT stock opened at $38.94 on Friday. The business’s 50-day moving average is $38.09 and its two-hundred day moving average is $39.25. The firm has a market capitalization of $8.05 billion, a P/E ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 1 year low of $36.57 and a 1 year high of $41.93.

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.