Sequoia Financial Advisors LLC Lowers Position in iShares MSCI Intl Quality Factor ETF $IQLT

Sequoia Financial Advisors LLC lessened its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 14.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 256,806 shares of the company’s stock after selling 44,760 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.09% of iShares MSCI Intl Quality Factor ETF worth $11,099,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cornerstone Planning Group LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF during the first quarter valued at $25,000. Garde Capital Inc. purchased a new stake in iShares MSCI Intl Quality Factor ETF in the first quarter worth about $34,000. GAMMA Investing LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after acquiring an additional 588 shares during the period. Independence Bank of Kentucky purchased a new stake in iShares MSCI Intl Quality Factor ETF in the second quarter worth about $41,000. Finally, Arlington Trust Co LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF during the first quarter valued at about $58,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT stock opened at $44.20 on Tuesday. The firm has a market cap of $12.69 billion, a price-to-earnings ratio of 18.86 and a beta of 0.87. The firm has a 50-day simple moving average of $43.58 and a two-hundred day simple moving average of $42.39. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $45.38.

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.