Bleakley Financial Group LLC Makes New $8.66 Million Investment in iShares MSCI Intl Quality Factor ETF $IQLT

Bleakley Financial Group LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 187,334 shares of the company’s stock, valued at approximately $8,660,000. Bleakley Financial Group LLC owned about 0.07% of iShares MSCI Intl Quality Factor ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Valmark Advisers Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 43.6% during the 1st quarter. Valmark Advisers Inc. now owns 78,329 shares of the company’s stock worth $3,621,000 after purchasing an additional 23,772 shares during the period. Carnegie Investment Counsel lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 13.6% in the first quarter. Carnegie Investment Counsel now owns 947,863 shares of the company’s stock valued at $43,820,000 after buying an additional 113,663 shares during the period. Capital Squared Financial LLC lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 4.4% in the first quarter. Capital Squared Financial LLC now owns 30,911 shares of the company’s stock valued at $1,429,000 after buying an additional 1,289 shares during the period. Fifth Third Bancorp grew its position in iShares MSCI Intl Quality Factor ETF by 6,176.8% during the first quarter. Fifth Third Bancorp now owns 33,769 shares of the company’s stock worth $1,561,000 after buying an additional 33,231 shares in the last quarter. Finally, American Trust grew its position in iShares MSCI Intl Quality Factor ETF by 23.4% during the first quarter. American Trust now owns 15,229 shares of the company’s stock worth $704,000 after buying an additional 2,887 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 0.5%

Shares of IQLT opened at $49.36 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $41.20 and a 12-month high of $50.08. The firm has a market capitalization of $13.60 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. The stock’s 50-day moving average price is $49.21 and its 200 day moving average price is $48.09.

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.