Arrowroot Family Office LLC Invests $448,000 in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Arrowroot Family Office LLC acquired a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the third quarter, HoldingsChannel.com reports. The fund acquired 10,788 shares of the company’s stock, valued at approximately $448,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IQLT. Boston Mountain Money Management Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 0.6% in the 2nd quarter. Boston Mountain Money Management Inc. now owns 42,620 shares of the company’s stock worth $1,664,000 after buying an additional 257 shares during the period. Nova R Wealth Inc. grew its holdings in iShares MSCI Intl Quality Factor ETF by 0.6% during the 3rd quarter. Nova R Wealth Inc. now owns 44,832 shares of the company’s stock valued at $1,860,000 after buying an additional 272 shares in the last quarter. Capital Advisors Ltd. LLC raised its position in shares of iShares MSCI Intl Quality Factor ETF by 1.5% during the third quarter. Capital Advisors Ltd. LLC now owns 19,948 shares of the company’s stock valued at $828,000 after buying an additional 289 shares during the last quarter. Lake Street Private Wealth LLC lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 0.7% in the third quarter. Lake Street Private Wealth LLC now owns 43,725 shares of the company’s stock worth $1,814,000 after buying an additional 302 shares in the last quarter. Finally, ASB Consultores LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 4.1% during the second quarter. ASB Consultores LLC now owns 8,139 shares of the company’s stock valued at $318,000 after acquiring an additional 320 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 1.0 %

Shares of IQLT stock opened at $38.94 on Monday. The stock has a market cap of $8.05 billion, a P/E ratio of 16.83 and a beta of 0.90. The company’s fifty day simple moving average is $39.69 and its two-hundred day simple moving average is $39.70. iShares MSCI Intl Quality Factor ETF has a 52 week low of $35.65 and a 52 week high of $41.93.

About iShares MSCI Intl Quality Factor ETF

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.