Avaii Wealth Management LLC Has $574,000 Stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Avaii Wealth Management LLC lowered its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 5.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,473 shares of the company’s stock after selling 932 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $574,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Blair William & Co. IL raised its position in shares of iShares MSCI Intl Quality Factor ETF by 622.1% in the 2nd quarter. Blair William & Co. IL now owns 6,759 shares of the company’s stock valued at $264,000 after buying an additional 5,823 shares in the last quarter. AE Wealth Management LLC bought a new position in iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $244,000. Kathmere Capital Management LLC raised its position in iShares MSCI Intl Quality Factor ETF by 6.7% during the second quarter. Kathmere Capital Management LLC now owns 389,069 shares of the company’s stock valued at $15,193,000 after purchasing an additional 24,589 shares in the last quarter. Susquehanna International Group LLP bought a new stake in iShares MSCI Intl Quality Factor ETF during the second quarter worth $12,841,000. Finally, Northeast Financial Consultants Inc lifted its stake in iShares MSCI Intl Quality Factor ETF by 24.3% during the second quarter. Northeast Financial Consultants Inc now owns 359,247 shares of the company’s stock worth $14,029,000 after purchasing an additional 70,271 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT opened at $38.94 on Friday. iShares MSCI Intl Quality Factor ETF has a 52-week low of $36.57 and a 52-week high of $41.93. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 16.83 and a beta of 0.90. The business’s fifty day moving average is $38.09 and its 200-day moving average is $39.25.

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.