Flagstar Advisors Inc. Has $5.76 Million Stock Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Flagstar Advisors Inc. grew its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 11.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 145,112 shares of the company’s stock after buying an additional 15,171 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for 1.6% of Flagstar Advisors Inc.’s holdings, making the stock its 14th biggest position. Flagstar Advisors Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $5,755,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IQLT. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 56.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,634,481 shares of the company’s stock valued at $323,820,000 after acquiring an additional 3,487,001 shares in the last quarter. Annex Advisory Services LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $122,460,000. Scarborough Advisors LLC increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 421.6% in the fourth quarter. Scarborough Advisors LLC now owns 1,529,179 shares of the company’s stock valued at $57,436,000 after purchasing an additional 1,236,032 shares during the last quarter. Gradient Investments LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 214,020.1% in the 4th quarter. Gradient Investments LLC now owns 852,198 shares of the company’s stock valued at $32,009,000 after acquiring an additional 851,800 shares during the period. Finally, Adroit Compliance LLC bought a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $27,240,000.

iShares MSCI Intl Quality Factor ETF Trading Down 0.8 %

NYSEARCA IQLT traded down $0.32 during trading on Wednesday, reaching $39.04. The company’s stock had a trading volume of 2,953,427 shares, compared to its average volume of 1,110,740. The firm has a market capitalization of $8.07 billion, a price-to-earnings ratio of 16.83 and a beta of 0.90. The firm has a 50 day moving average price of $39.31 and a 200 day moving average price of $38.50. iShares MSCI Intl Quality Factor ETF has a 12 month low of $32.28 and a 12 month high of $40.69.

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.