B. Riley Wealth Advisors Inc. Buys New Shares in iShares MSCI Intl Quality Factor ETF $IQLT

B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the second quarter, Holdings Channel reports. The fund bought 21,868 shares of the company’s stock, valued at approximately $945,000.

Several other hedge funds also recently added to or reduced their stakes in IQLT. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock worth $1,463,382,000 after purchasing an additional 31,439,365 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 3.2% during the second quarter. PNC Financial Services Group Inc. now owns 31,568,040 shares of the company’s stock worth $1,364,371,000 after buying an additional 974,637 shares in the last quarter. Bank of America Corp DE grew its position in iShares MSCI Intl Quality Factor ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after buying an additional 4,094,153 shares during the period. Envestnet Asset Management Inc. grew its position in iShares MSCI Intl Quality Factor ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 18,834,601 shares of the company’s stock valued at $814,031,000 after buying an additional 260,347 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in iShares MSCI Intl Quality Factor ETF by 13.5% in the second quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after buying an additional 1,107,638 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT opened at $45.63 on Tuesday. The company has a fifty day moving average of $44.69 and a two-hundred day moving average of $43.70. The stock has a market capitalization of $13.35 billion, a PE ratio of 18.86 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $45.74.

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.