Enzi Wealth Lowers Stake in iShares MSCI Intl Quality Factor ETF $IQLT

Enzi Wealth lessened its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 40.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 316,515 shares of the company’s stock after selling 213,347 shares during the period. iShares MSCI Intl Quality Factor ETF makes up 5.2% of Enzi Wealth’s portfolio, making the stock its 7th biggest position. Enzi Wealth’s holdings in iShares MSCI Intl Quality Factor ETF were worth $14,876,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IQLT. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 56.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 53,043,095 shares of the company’s stock worth $2,343,974,000 after buying an additional 19,184,191 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares MSCI Intl Quality Factor ETF by 19.6% in the 2nd 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 in the last quarter. Richard Bernstein Advisors LLC boosted 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. Ameriprise Financial Inc. grew its position 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 acquiring an additional 1,107,638 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth $33,372,000.

iShares MSCI Intl Quality Factor ETF Price Performance

iShares MSCI Intl Quality Factor ETF stock opened at $46.23 on Wednesday. The firm has a market capitalization of $12.59 billion, a P/E ratio of 18.86 and a beta of 0.89. The stock has a fifty day moving average price of $47.48 and a two-hundred day moving average price of $45.87. iShares MSCI Intl Quality Factor ETF has a 52-week low of $35.51 and a 52-week high of $49.91.

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.