CIBC Private Wealth Group LLC Raises Stock Position in iShares MSCI Intl Quality Factor ETF $IQLT

CIBC Private Wealth Group LLC increased its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 76.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,024 shares of the company’s stock after acquiring an additional 19,465 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,990,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock valued at $1,463,382,000 after purchasing an additional 31,439,365 shares during the period. Bank of America Corp DE raised its position in shares of iShares MSCI Intl Quality Factor ETF by 19.6% during the 2nd quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock worth $1,079,414,000 after purchasing an additional 4,094,153 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Intl Quality Factor ETF by 33.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,008,860 shares of the company’s stock worth $302,923,000 after purchasing an additional 1,741,531 shares during the last quarter. Richard Bernstein Advisors LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 15.3% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 10,533,655 shares of the company’s stock valued at $467,375,000 after buying an additional 1,399,534 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in iShares MSCI Intl Quality Factor ETF by 13.5% in the 2nd 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 Trading Down 2.7%

IQLT stock opened at $44.56 on Monday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $35.51 and a 12-month high of $49.91. The business’s 50-day moving average is $47.71 and its 200 day moving average is $45.78. The stock has a market cap of $12.14 billion, a price-to-earnings 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.