Madison Investment Advisors LLC Buys New Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Madison Investment Advisors LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 423,358 shares of the company’s stock, valued at approximately $15,715,000.

Several other hedge funds also recently added to or reduced their stakes in IQLT. Avior Wealth Management LLC increased its position in iShares MSCI Intl Quality Factor ETF by 85.7% during the 4th quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock valued at $35,000 after buying an additional 431 shares in the last quarter. JDM Financial Group LLC acquired a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $52,000. Fifth Third Bancorp increased its position in iShares MSCI Intl Quality Factor ETF by 145.7% during the 4th quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock valued at $58,000 after buying an additional 934 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in iShares MSCI Intl Quality Factor ETF by 15.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,993 shares of the company’s stock valued at $148,000 after buying an additional 534 shares in the last quarter. Finally, BankPlus Trust Department acquired a new position in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at about $173,000.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA:IQLT opened at $40.14 on Thursday. The business’s 50-day moving average is $39.04 and its 200 day moving average is $39.36. iShares MSCI Intl Quality Factor ETF has a 1 year low of $36.57 and a 1 year high of $41.93. The firm has a market capitalization of $8.87 billion, a P/E ratio of 20.48 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.