Wells Financial Advisors INC Has $969,000 Stock Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Wells Financial Advisors INC lowered its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 14.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,112 shares of the company’s stock after selling 4,510 shares during the quarter. iShares MSCI Intl Quality Factor ETF makes up approximately 1.3% of Wells Financial Advisors INC’s holdings, making the stock its 23rd biggest position. Wells Financial Advisors INC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $969,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IQLT. Raymond James Financial Inc. acquired a new position in iShares MSCI Intl Quality Factor ETF during the fourth quarter valued at approximately $61,044,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock worth $226,402,000 after buying an additional 589,511 shares during the period. LPL Financial LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 3,938,589 shares of the company’s stock valued at $146,200,000 after buying an additional 587,429 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings 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 acquiring an additional 481,105 shares during the period. Finally, Madison Investment Advisors LLC acquired a new position in iShares MSCI Intl Quality Factor ETF during the 4th quarter worth $15,715,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of NYSEARCA:IQLT opened at $40.64 on Wednesday. The stock’s 50-day moving average is $39.70 and its 200-day moving average is $39.35. The company has a market cap of $8.98 billion, a P/E ratio of 20.27 and a beta of 0.89. 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.