SVRN Asset Management LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT – Free Report) by 63.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 243,304 shares of the company’s stock after buying an additional 94,554 shares during the period. iShares MSCI Intl Quality Factor ETF comprises approximately 6.2% of SVRN Asset Management LLC’s portfolio, making the stock its 6th largest position. SVRN Asset Management LLC owned about 0.09% of iShares MSCI Intl Quality Factor ETF worth $12,056,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Arax Advisory Partners bought a new stake in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $37,000. Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter worth $42,000. Lloyd Advisory Services LLC. bought a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at $44,000. Russell Investments Group Ltd. boosted its position in iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after buying an additional 852 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth $51,000.
iShares MSCI Intl Quality Factor ETF Price Performance
IQLT opened at $51.59 on Friday. The business has a 50 day simple moving average of $50.55 and a two-hundred day simple moving average of $49.08. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a one year low of $43.17 and a one year high of $52.36.
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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.
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