Friday Financial Makes New Investment in iShares MSCI Intl Quality Factor ETF $IQLT

Friday Financial acquired a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,592 shares of the company’s stock, valued at approximately $458,000.

Several other hedge funds have also recently bought and sold shares of IQLT. Fifth Third Bancorp increased its position in iShares MSCI Intl Quality Factor ETF by 611.6% during the first quarter. Fifth Third Bancorp now owns 11,208 shares of the company’s stock worth $445,000 after buying an additional 9,633 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 3.9% in the first quarter. Baird Financial Group Inc. now owns 8,320 shares of the company’s stock valued at $330,000 after acquiring an additional 309 shares during the last quarter. Purkiss Capital Advisors LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF by 343.5% in the first quarter. Purkiss Capital Advisors LLC now owns 27,265 shares of the company’s stock valued at $1,082,000 after acquiring an additional 21,117 shares during the last quarter. Crane Advisory LLC lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 9.8% during the first quarter. Crane Advisory LLC now owns 215,140 shares of the company’s stock worth $8,375,000 after purchasing an additional 19,188 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth about $399,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT opened at $43.85 on Monday. The stock has a market cap of $12.32 billion, a price-to-earnings ratio of 18.86 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $44.25. The business’s 50-day simple moving average is $43.05 and its 200 day simple moving average is $41.96.

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.