Commonwealth Equity Services LLC Buys New Position in iShares MSCI Intl Quality Factor ETF $IQLT

Commonwealth Equity Services LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,424,791 shares of the company’s stock, valued at approximately $70,484,000. Commonwealth Equity Services LLC owned about 0.52% of iShares MSCI Intl Quality Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in iShares MSCI Intl Quality Factor ETF by 1.1% during the second quarter. Envestnet Asset Management Inc. now owns 14,377,913 shares of the company’s stock valued at $712,387,000 after buying an additional 157,939 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in iShares MSCI Intl Quality Factor ETF by 6.1% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,839,909 shares of the company’s stock valued at $316,209,000 after acquiring an additional 395,337 shares during the last quarter. Capital Investment Advisors LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at approximately $309,784,000. Corient Private Wealth LP raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 7.9% in the 2nd quarter. Corient Private Wealth LP now owns 2,789,127 shares of the company’s stock worth $138,201,000 after purchasing an additional 204,208 shares during the period. Finally, Modern Wealth Management LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 35.9% in the first quarter. Modern Wealth Management LLC now owns 1,396,649 shares of the company’s stock valued at $65,461,000 after purchasing an additional 368,864 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT traded down $0.38 on Friday, hitting $49.46. 1,327,980 shares of the stock traded hands, compared to its average volume of 1,783,058. The business’s fifty day moving average is $50.25 and its two-hundred day moving average is $49.21. iShares MSCI Intl Quality Factor ETF has a 12 month low of $43.18 and a 12 month high of $52.36. The firm has a market capitalization of $13.49 billion, a price-to-earnings ratio of 18.56 and a beta of 0.82.

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.