HB Wealth Management LLC Makes New Investment in iShares MSCI Intl Quality Factor ETF $IQLT

HB Wealth Management LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 22,971 shares of the company’s stock, valued at approximately $1,015,000.

A number of other hedge funds also recently made changes to their positions in IQLT. Focus Partners Wealth raised its position in iShares MSCI Intl Quality Factor ETF by 13.9% during the first quarter. Focus Partners Wealth now owns 153,053 shares of the company’s stock valued at $6,075,000 after purchasing an additional 18,682 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 15.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,871 shares of the company’s stock valued at $392,000 after purchasing an additional 1,297 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 10.8% during the 2nd quarter. Parallel Advisors LLC now owns 221,897 shares of the company’s stock valued at $9,590,000 after buying an additional 21,637 shares in the last quarter. Ehrlich Financial Group raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 31.6% during the 2nd quarter. Ehrlich Financial Group now owns 43,610 shares of the company’s stock valued at $1,885,000 after buying an additional 10,472 shares in the last quarter. Finally, Triumph Capital Management lifted its position in iShares MSCI Intl Quality Factor ETF by 153.6% in the 2nd quarter. Triumph Capital Management now owns 27,815 shares of the company’s stock worth $1,202,000 after buying an additional 16,848 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of IQLT opened at $47.10 on Tuesday. iShares MSCI Intl Quality Factor ETF has a 1 year low of $35.51 and a 1 year high of $47.11. The stock has a 50 day simple moving average of $45.12 and a two-hundred day simple moving average of $44.11. The firm has a market cap of $14.09 billion, a P/E ratio of 18.86 and a beta of 0.89.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.