Valmark Advisers Inc. Acquires 23,772 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Valmark Advisers Inc. raised its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 43.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,329 shares of the company’s stock after purchasing an additional 23,772 shares during the period. Valmark Advisers Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $3,621,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. grew its stake 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 in the last quarter. Baird Financial Group Inc. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 13.1% during the second quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock worth $407,000 after acquiring an additional 1,086 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter worth $42,000. Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 4.8% in the second quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock worth $77,930,000 after acquiring an additional 83,154 shares during the period. Finally, Ausdal Financial Partners Inc. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 1.7% in the second quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock valued at $789,000 after purchasing an additional 311 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT opened at $49.56 on Monday. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.08. The firm has a market cap of $13.65 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. The business’s fifty day moving average is $49.19 and its 200 day moving average is $48.04.

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.