Benningfield Financial Advisors LLC Makes New $235,000 Investment in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Benningfield Financial Advisors LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,320 shares of the company’s stock, valued at approximately $235,000. iShares MSCI Intl Quality Factor ETF accounts for approximately 0.2% of Benningfield Financial Advisors LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other large investors also recently made changes to their positions in IQLT. JPMorgan Chase & Co. lifted its stake 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 purchasing an additional 589,511 shares during the period. Thrivent Financial for Lutherans raised its position in shares of iShares MSCI Intl Quality Factor ETF by 216.2% in 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 during the period. PNC Financial Services Group Inc. raised its position in shares of 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 worth $1,266,453,000 after buying an additional 361,685 shares during the period. Wharton Business Group LLC raised its position in shares of iShares MSCI Intl Quality Factor ETF by 88.9% in the 3rd quarter. Wharton Business Group LLC now owns 738,310 shares of the company’s stock worth $30,632,000 after buying an additional 347,475 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of iShares MSCI Intl Quality Factor ETF by 110.0% in the 4th quarter. Private Advisor Group LLC now owns 527,942 shares of the company’s stock worth $19,598,000 after buying an additional 276,540 shares during the period.

iShares MSCI Intl Quality Factor ETF Trading Down 0.5 %

Shares of IQLT opened at $40.22 on Friday. The firm has a market capitalization of $8.14 billion, a P/E ratio of 20.60 and a beta of 0.90. The stock’s fifty day simple moving average is $38.38 and its 200 day simple moving average is $39.30. iShares MSCI Intl Quality Factor ETF has a twelve month low of $36.57 and a twelve month 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.