Financial Gravity Companies Inc. Invests $312,000 in iShares MSCI Intl Quality Factor ETF $IQLT

Financial Gravity Companies Inc. purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 7,215 shares of the company’s stock, valued at approximately $312,000.

A number of other institutional investors also recently bought and sold shares of the stock. Firestone Capital Management boosted its position in iShares MSCI Intl Quality Factor ETF by 11.9% during the 2nd quarter. Firestone Capital Management now owns 22,737 shares of the company’s stock valued at $983,000 after acquiring an additional 2,426 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of iShares MSCI Intl Quality Factor ETF by 7.6% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 397,895 shares of the company’s stock worth $17,197,000 after acquiring an additional 28,050 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 3.6% in the 2nd quarter. Avantax Advisory Services Inc. now owns 164,817 shares of the company’s stock valued at $7,123,000 after purchasing an additional 5,651 shares during the period. Cetera Investment Advisers boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 20.3% during the second quarter. Cetera Investment Advisers now owns 3,669,541 shares of the company’s stock valued at $158,598,000 after purchasing an additional 618,577 shares in the last quarter. Finally, Creative Planning boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 12.1% during the second quarter. Creative Planning now owns 46,051 shares of the company’s stock valued at $1,990,000 after purchasing an additional 4,959 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Down 0.2%

IQLT opened at $44.78 on Friday. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a 12-month low of $35.51 and a 12-month high of $45.42. The stock has a fifty day simple moving average of $44.43 and a two-hundred day simple moving average of $43.32.

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.