Western Wealth Management LLC Takes $223,000 Position in iShares MSCI Intl Quality Factor ETF $IQLT

Western Wealth Management LLC acquired a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,158 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 43.1% in the first quarter. Ameriprise Financial Inc. now owns 8,193,685 shares of the company’s stock worth $325,696,000 after purchasing an additional 2,469,718 shares during the last quarter. Eastern Bank raised its position in iShares MSCI Intl Quality Factor ETF by 146.9% in the 1st quarter. Eastern Bank now owns 2,099,915 shares of the company’s stock worth $83,346,000 after buying an additional 1,249,516 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in iShares MSCI Intl Quality Factor ETF in the 2nd quarter worth about $50,850,000. PNC Financial Services Group Inc. lifted its stake in iShares MSCI Intl Quality Factor ETF by 3.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 31,568,040 shares of the company’s stock valued at $1,364,371,000 after acquiring an additional 974,637 shares during the period. Finally, Life Line Wealth Management LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at about $42,083,000.

iShares MSCI Intl Quality Factor ETF Stock Down 0.3%

Shares of IQLT stock opened at $43.79 on Thursday. The company has a 50 day moving average price of $44.46 and a 200-day moving average price of $43.38. iShares MSCI Intl Quality Factor ETF has a 52 week low of $35.51 and a 52 week high of $45.42. The firm has a market capitalization of $12.81 billion, a PE 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.