Duncan Williams Asset Management LLC Invests $242,000 in iShares MSCI Intl Quality Factor ETF $IQLT

Duncan Williams Asset Management LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,605 shares of the company’s stock, valued at approximately $242,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 6.1% in the first quarter. Envestnet Asset Management Inc. now owns 18,574,254 shares of the company’s stock worth $737,212,000 after acquiring an additional 1,065,575 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI Intl Quality Factor ETF by 43.1% in the 1st quarter. Ameriprise Financial Inc. now owns 8,193,685 shares of the company’s stock valued at $325,696,000 after purchasing an additional 2,469,718 shares in the last quarter. Richard Bernstein Advisors LLC increased its holdings in iShares MSCI Intl Quality Factor ETF by 211.9% in the 1st quarter. Richard Bernstein Advisors LLC now owns 7,000,632 shares of the company’s stock valued at $277,855,000 after purchasing an additional 4,755,842 shares in the last quarter. Capital Investment Advisors LLC raised its position in iShares MSCI Intl Quality Factor ETF by 7.1% in the second quarter. Capital Investment Advisors LLC now owns 5,246,050 shares of the company’s stock valued at $226,734,000 after purchasing an additional 348,997 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the first quarter. LPL Financial LLC now owns 3,988,406 shares of the company’s stock worth $158,300,000 after purchasing an additional 49,817 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT stock opened at $45.25 on Tuesday. iShares MSCI Intl Quality Factor ETF has a 1 year low of $35.51 and a 1 year high of $45.38. The firm has a market cap of $13.03 billion, a P/E ratio of 18.86 and a beta of 0.87. The stock has a 50-day simple moving average of $43.33 and a 200-day simple moving average of $42.24.

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.