Kinetic Wealth Investment Advisors LLC Takes $11.29 Million Position in iShares MSCI Intl Quality Factor ETF $IQLT

Kinetic Wealth Investment Advisors LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 227,789 shares of the company’s stock, valued at approximately $11,287,000. iShares MSCI Intl Quality Factor ETF accounts for 5.3% of Kinetic Wealth Investment Advisors LLC’s holdings, making the stock its 4th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IQLT. Arax Advisory Partners acquired a new stake in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $37,000. Qube Research & Technologies Ltd acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the second quarter worth $42,000. Lloyd Advisory Services LLC. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth $44,000. Russell Investments Group Ltd. boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 312.1% in the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $51,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT opened at $51.59 on Tuesday. The company has a fifty day simple moving average of $50.60 and a 200 day simple moving average of $49.10. The firm has a market cap of $14.21 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a twelve month low of $43.17 and a twelve month high of $52.36.

iShares MSCI Intl Quality Factor ETF Company 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.