Schmidt P J Investment Management Inc. Increases Stock Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Schmidt P J Investment Management Inc. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 3.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,986 shares of the company’s stock after buying an additional 2,516 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,487,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IQLT. Truist Financial Corp grew its holdings in iShares MSCI Intl Quality Factor ETF by 34.8% in the second quarter. Truist Financial Corp now owns 58,914 shares of the company’s stock worth $2,301,000 after purchasing an additional 15,220 shares during the period. Alpha Financial Partners LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the 3rd quarter worth approximately $666,000. Axiom Advisory LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 27,584 shares of the company’s stock worth $1,099,000 after purchasing an additional 431 shares in the last quarter. Insight Wealth Strategies LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 6.4% in the 3rd quarter. Insight Wealth Strategies LLC now owns 7,059 shares of the company’s stock worth $293,000 after buying an additional 426 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its position in iShares MSCI Intl Quality Factor ETF by 24.3% during the 3rd quarter. Atomi Financial Group Inc. now owns 7,962 shares of the company’s stock valued at $330,000 after buying an additional 1,559 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 1.1 %

NYSEARCA IQLT opened at $39.33 on Thursday. The stock’s fifty day moving average price is $38.21 and its 200-day moving average price is $39.19. The stock has a market cap of $8.13 billion, a P/E ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 12 month low of $36.57 and a 12 month high of $41.93.

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.