Blue Chip Partners LLC Cuts Stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Blue Chip Partners LLC lessened its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 91.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,656 shares of the company’s stock after selling 499,257 shares during the quarter. Blue Chip Partners LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,843,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Alpha Financial Partners LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the third quarter worth about $666,000. Creative Planning grew its holdings in iShares MSCI Intl Quality Factor ETF by 9.8% during the 3rd quarter. Creative Planning now owns 32,023 shares of the company’s stock valued at $1,329,000 after buying an additional 2,854 shares in the last quarter. Blue Trust Inc. grew its holdings in iShares MSCI Intl Quality Factor ETF by 151.4% during the 3rd quarter. Blue Trust Inc. now owns 4,324 shares of the company’s stock valued at $169,000 after buying an additional 2,604 shares in the last quarter. Raymond James & Associates increased its stake in iShares MSCI Intl Quality Factor ETF by 20.9% in the 3rd quarter. Raymond James & Associates now owns 194,828 shares of the company’s stock worth $8,083,000 after acquiring an additional 33,688 shares during the last quarter. Finally, Alta Wealth Advisors LLC grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 28.5% in the third quarter. Alta Wealth Advisors LLC now owns 8,882 shares of the company’s stock valued at $369,000 after purchasing an additional 1,972 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 0.1 %

Shares of NYSEARCA:IQLT opened at $40.22 on Monday. The firm has a fifty day simple moving average of $38.27 and a two-hundred day simple moving average of $39.23. The stock has a market capitalization of $8.31 billion, a P/E ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 52 week low of $36.57 and a 52 week high of $41.93.

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.