iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Shares Acquired by Sandy Spring Bank

Sandy Spring Bank increased its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 53.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 656,285 shares of the company’s stock after buying an additional 229,319 shares during the quarter. iShares MSCI Intl Quality Factor ETF comprises 1.0% of Sandy Spring Bank’s portfolio, making the stock its 18th largest position. Sandy Spring Bank owned about 0.32% of iShares MSCI Intl Quality Factor ETF worth $24,361,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Avior Wealth Management LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 85.7% in the fourth 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 purchased a new position in iShares MSCI Intl Quality Factor ETF in the third quarter valued at about $52,000. Fifth Third Bancorp boosted its holdings in iShares MSCI Intl Quality Factor ETF by 145.7% in the fourth quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock valued at $58,000 after purchasing an additional 934 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF by 15.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,993 shares of the company’s stock valued at $148,000 after purchasing an additional 534 shares during the last quarter. Finally, BankPlus Trust Department purchased a new position in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at about $173,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT opened at $41.03 on Thursday. The company has a market capitalization of $9.07 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 $39.42 and a 200 day moving average price of $39.35.

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.