D.A. Davidson & CO. Sells 92,491 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

D.A. Davidson & CO. lessened its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 60.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,680 shares of the company’s stock after selling 92,491 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,805,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IQLT. Geneos Wealth Management Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 1.3% in the first quarter. Geneos Wealth Management Inc. now owns 19,104 shares of the company’s stock worth $883,000 after acquiring an additional 250 shares in the last quarter. Sigma Planning Corp raised its position in shares of iShares MSCI Intl Quality Factor ETF by 1.1% during the first quarter. Sigma Planning Corp now owns 76,004 shares of the company’s stock worth $3,514,000 after purchasing an additional 826 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 6.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,839,909 shares of the company’s stock worth $316,209,000 after purchasing an additional 395,337 shares in the last quarter. Glassman Wealth Services bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the 1st quarter worth $134,000. Finally, Bleakley Financial Group LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the 1st quarter worth $8,660,000.

iShares MSCI Intl Quality Factor ETF Trading Down 0.8%

Shares of IQLT stock opened at $49.05 on Tuesday. The firm has a market capitalization of $13.51 billion, a PE ratio of 18.86 and a beta of 0.83. The firm has a fifty day simple moving average of $49.21 and a two-hundred day simple moving average of $48.19. iShares MSCI Intl Quality Factor ETF has a 12 month low of $41.20 and a 12 month high of $50.08.

iShares MSCI Intl Quality Factor ETF 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.