Ashton Thomas Private Wealth LLC Purchases New Shares in iShares MSCI Intl Quality Factor ETF $IQLT

Ashton Thomas Private Wealth LLC purchased a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 17,582 shares of the company’s stock, valued at approximately $777,000.

A number of other institutional investors have also added to or reduced their stakes in IQLT. Guerra Advisors Inc bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at $27,000. Qube Research & Technologies Ltd purchased a new position in iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at about $42,000. Russell Investments Group Ltd. boosted its stake in iShares MSCI Intl Quality Factor ETF by 312.1% during the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after acquiring an additional 852 shares in the last quarter. Clearstead Trust LLC bought a new stake in iShares MSCI Intl Quality Factor ETF during the second quarter worth about $61,000. Finally, Root Financial Partners LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF in the third quarter worth about $64,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of NYSEARCA IQLT opened at $48.06 on Friday. The company has a 50 day simple moving average of $46.28 and a two-hundred day simple moving average of $44.70. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $48.54. The company has a market capitalization of $13.09 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89.

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.