Commonwealth Equity Services LLC Grows Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Commonwealth Equity Services LLC increased its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 794,018 shares of the company’s stock after acquiring an additional 15,784 shares during the quarter. Commonwealth Equity Services LLC owned about 0.38% of iShares MSCI Intl Quality Factor ETF worth $29,474,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth approximately $61,044,000. JPMorgan Chase & Co. boosted its stake in iShares MSCI Intl Quality Factor ETF by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock worth $226,402,000 after purchasing an additional 589,511 shares during the period. PNC Financial Services Group Inc. boosted its stake in iShares MSCI Intl Quality Factor ETF by 1.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 31,005,400 shares of the company’s stock worth $1,150,920,000 after purchasing an additional 481,105 shares during the period. Thrivent Financial for Lutherans boosted its stake in iShares MSCI Intl Quality Factor ETF by 216.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 661,549 shares of the company’s stock worth $27,447,000 after purchasing an additional 452,315 shares during the period. Finally, Independent Advisor Alliance boosted its stake in iShares MSCI Intl Quality Factor ETF by 4,413.3% in the 4th quarter. Independent Advisor Alliance now owns 359,350 shares of the company’s stock worth $13,339,000 after purchasing an additional 351,388 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT opened at $40.60 on Friday. The company has a market capitalization of $8.97 billion, a P/E ratio of 20.48 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a one year low of $36.57 and a one year high of $41.93. The stock has a 50 day moving average price of $39.22 and a 200-day moving average price of $39.35.

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.