Sequoia Financial Advisors LLC Acquires New Shares in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Sequoia Financial Advisors LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 6,879 shares of the company’s stock, valued at approximately $258,000.

A number of other hedge funds have also bought and sold shares of the business. Moneta Group Investment Advisors LLC purchased a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at approximately $1,546,525,000. PNC Financial Services Group Inc. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 11.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 29,427,924 shares of the company’s stock valued at $989,073,000 after purchasing an additional 2,934,327 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares MSCI Intl Quality Factor ETF by 4.5% during the 1st quarter. Bank of America Corp DE now owns 12,401,066 shares of the company’s stock valued at $437,758,000 after purchasing an additional 535,868 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 56.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,634,481 shares of the company’s stock valued at $323,820,000 after purchasing an additional 3,487,001 shares in the last quarter. Finally, TIAA Trust National Association grew its position in shares of iShares MSCI Intl Quality Factor ETF by 5.7% during the 4th quarter. TIAA Trust National Association now owns 6,188,506 shares of the company’s stock valued at $232,440,000 after purchasing an additional 334,603 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT opened at $37.63 on Friday. The company has a fifty day moving average price of $38.93 and a 200-day moving average price of $36.79. The firm has a market capitalization of $7.80 billion, a P/E ratio of 16.70 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a one year low of $32.28 and a one year high of $39.97.

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.