Linscomb Wealth Inc. Buys 5,824 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Linscomb Wealth Inc. grew its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 3.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 177,452 shares of the company’s stock after purchasing an additional 5,824 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $7,669,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 1st quarter valued at about $25,000. GAMMA Investing LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 244.0% in the 2nd quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares during the last quarter. Independence Bank of Kentucky acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at about $41,000. Arlington Trust Co LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 1st quarter valued at about $58,000. Finally, CWM LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 26.7% in the 2nd quarter. CWM LLC now owns 1,643 shares of the company’s stock valued at $71,000 after purchasing an additional 346 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 0.4%

Shares of IQLT stock opened at $44.72 on Friday. The firm has a 50 day moving average price of $44.12 and a two-hundred day moving average price of $42.96. The company has a market capitalization of $12.90 billion, a PE ratio of 18.86 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a 12-month low of $35.51 and a 12-month high of $45.38.

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.