Fortress Financial Solutions LLC Invests $488,000 in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Fortress Financial Solutions LLC bought a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 13,152 shares of the company’s stock, valued at approximately $488,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 12.1% in the third quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock valued at $226,402,000 after purchasing an additional 589,511 shares during the period. Thrivent Financial for Lutherans lifted its holdings in iShares MSCI Intl Quality Factor ETF by 216.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 661,549 shares of the company’s stock worth $27,447,000 after buying an additional 452,315 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares MSCI Intl Quality Factor ETF by 1.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 30,524,295 shares of the company’s stock valued at $1,266,453,000 after buying an additional 361,685 shares during the period. Wharton Business Group LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 88.9% in the third quarter. Wharton Business Group LLC now owns 738,310 shares of the company’s stock worth $30,632,000 after acquiring an additional 347,475 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 710.7% during the third quarter. Aptus Capital Advisors LLC now owns 304,298 shares of the company’s stock worth $12,625,000 after acquiring an additional 266,762 shares during the period.

iShares MSCI Intl Quality Factor ETF Trading Up 0.5 %

Shares of NYSEARCA IQLT opened at $39.58 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $36.57 and a 12-month high of $41.93. The stock has a market cap of $8.18 billion, a P/E ratio of 16.83 and a beta of 0.90. The business’s fifty day simple moving average is $38.24 and its 200-day simple moving average is $39.20.

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.