SOL Capital Management CO Purchases 354,161 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

SOL Capital Management CO raised its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 257.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 491,919 shares of the company’s stock after acquiring an additional 354,161 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for about 9.7% of SOL Capital Management CO’s portfolio, making the stock its 2nd largest position. SOL Capital Management CO’s holdings in iShares MSCI Intl Quality Factor ETF were worth $22,741,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IQLT. KPP Advisory Services LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 1st quarter valued at approximately $502,000. Capital Investment Counsel LLC grew its position in iShares MSCI Intl Quality Factor ETF by 0.5% in the first quarter. Capital Investment Counsel LLC now owns 178,297 shares of the company’s stock worth $8,243,000 after acquiring an additional 889 shares during the period. Intrua Financial LLC grew its position in iShares MSCI Intl Quality Factor ETF by 14.6% in the first quarter. Intrua Financial LLC now owns 302,785 shares of the company’s stock worth $13,998,000 after acquiring an additional 38,624 shares during the period. Apollon Financial LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 17.0% during the first quarter. Apollon Financial LLC now owns 136,099 shares of the company’s stock worth $6,292,000 after acquiring an additional 19,774 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 1.4% during the first quarter. Apollon Wealth Management LLC now owns 1,134,152 shares of the company’s stock worth $52,432,000 after acquiring an additional 15,541 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 1.2%

NYSEARCA:IQLT opened at $49.60 on Friday. iShares MSCI Intl Quality Factor ETF has a 52 week low of $41.20 and a 52 week high of $50.08. The company has a market capitalization of $13.66 billion, a P/E ratio of 18.86 and a beta of 0.83. The stock’s fifty day moving average is $49.07 and its two-hundred day moving average is $47.85.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.