Waverly Advisors LLC Boosts Stock Position in iShares MSCI Intl Quality Factor ETF $IQLT

Waverly Advisors LLC raised its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 629.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,267 shares of the company’s stock after purchasing an additional 31,295 shares during the quarter. Waverly Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,677,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IQLT. Russell Investments Group Ltd. grew its position in iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after buying an additional 852 shares during the last quarter. Baird Financial Group Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 13.1% during the 2nd quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock worth $407,000 after buying an additional 1,086 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $42,000. Raymond James Financial Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 4.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock worth $77,930,000 after buying an additional 83,154 shares during the last quarter. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock worth $789,000 after acquiring an additional 311 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Up 2.2%

Shares of NYSEARCA:IQLT opened at $50.58 on Friday. The company has a market cap of $13.93 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. The firm’s 50-day simple moving average is $49.32 and its 200-day simple moving average is $48.39. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $41.20 and a fifty-two week high of $50.61.

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