Forteris Wealth Management Inc. Purchases New Stake in iShares MSCI Intl Quality Factor ETF $IQLT

Forteris Wealth Management Inc. purchased a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 4th quarter, HoldingsChannel reports. The fund purchased 46,649 shares of the company’s stock, valued at approximately $2,120,000. iShares MSCI Intl Quality Factor ETF accounts for 2.1% of Forteris Wealth Management Inc.’s portfolio, making the stock its 18th biggest position.

Other hedge funds have also bought and sold shares of the company. Trust Co. of Toledo NA OH grew its position in iShares MSCI Intl Quality Factor ETF by 436.9% in the 4th quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the period. Guerra Advisors Inc acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at $27,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at $42,000. Russell Investments Group Ltd. grew its position in iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the period. Finally, Root Financial Partners LLC purchased a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth $64,000.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT opened at $49.01 on Friday. The company has a market capitalization of $12.83 billion, a price-to-earnings ratio of 18.86 and a beta of 0.86. The firm’s fifty day moving average price is $47.56 and its two-hundred day moving average price is $46.18. iShares MSCI Intl Quality Factor ETF has a 1 year low of $39.33 and a 1 year high of $49.91.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.