Forefront Wealth Partners LLC Reduces Stake in iShares MSCI Intl Quality Factor ETF $IQLT

Forefront Wealth Partners LLC lowered its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 33.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,540 shares of the company’s stock after selling 12,277 shares during the quarter. Forefront Wealth Partners LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IQLT. GAMMA Investing LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 244.0% during the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after buying an additional 588 shares during the period. Independence Bank of Kentucky purchased a new position in iShares MSCI Intl Quality Factor ETF during the second quarter valued at approximately $41,000. Qube Research & Technologies Ltd bought a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth approximately $42,000. Russell Investments Group Ltd. increased its holdings 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 worth $49,000 after acquiring an additional 852 shares during the period. Finally, Clearstead Trust LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF in the 2nd quarter worth approximately $61,000.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA:IQLT opened at $45.68 on Wednesday. The firm has a fifty day moving average price of $44.86 and a two-hundred day moving average price of $43.86. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $45.83.

iShares MSCI Intl Quality Factor ETF 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.