SVRN Asset Management LLC Takes Position in iShares MSCI Intl Quality Factor ETF $IQLT

SVRN Asset Management LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 191,946 shares of the company’s stock, valued at approximately $8,724,000. iShares MSCI Intl Quality Factor ETF makes up about 7.2% of SVRN Asset Management LLC’s holdings, making the stock its 4th largest position. SVRN Asset Management LLC owned 0.07% of iShares MSCI Intl Quality Factor ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 4.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,312,118 shares of the company’s stock valued at $2,513,936,000 after buying an additional 2,269,023 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 26,613,791 shares of the company’s stock valued at $1,176,063,000 after buying an additional 1,638,924 shares in the last quarter. Richard Bernstein Advisors LLC lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 21.0% during the 4th quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock valued at $579,508,000 after buying an additional 2,216,790 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 13.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after buying an additional 1,107,638 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 84.8% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,444,572 shares of the company’s stock valued at $292,906,000 after buying an additional 2,956,717 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 0.0%

IQLT stock opened at $49.91 on Friday. iShares MSCI Intl Quality Factor ETF has a twelve month low of $41.20 and a twelve month high of $50.08. The stock has a market cap of $13.15 billion, a P/E ratio of 18.86 and a beta of 0.83. The business’s 50-day moving average price is $48.85 and its 200-day moving average price is $47.41.

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.