Howard Financial Services LTD. Grows Position in iShares MSCI Intl Quality Factor ETF $IQLT

Howard Financial Services LTD. boosted its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 517,003 shares of the company’s stock after purchasing an additional 40,500 shares during the period. iShares MSCI Intl Quality Factor ETF makes up approximately 2.6% of Howard Financial Services LTD.’s portfolio, making the stock its 12th biggest holding. Howard Financial Services LTD. owned approximately 0.19% of iShares MSCI Intl Quality Factor ETF worth $25,617,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings 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 worth $2,513,936,000 after buying an additional 2,269,023 shares during the last quarter. Bank of America Corp DE grew its position in iShares MSCI Intl Quality Factor ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after acquiring an additional 4,094,153 shares during the period. Richard Bernstein Advisors LLC grew its position in iShares MSCI Intl Quality Factor ETF by 21.0% during the fourth quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock valued at $579,508,000 after acquiring an additional 2,216,790 shares during the period. Ameriprise Financial Inc. increased its stake in iShares MSCI Intl Quality Factor ETF by 13.5% during the second quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock worth $402,190,000 after acquiring an additional 1,107,638 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in iShares MSCI Intl Quality Factor ETF by 6.1% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,839,909 shares of the company’s stock worth $316,209,000 after acquiring an additional 395,337 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

NYSEARCA IQLT opened at $50.96 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 1-year low of $41.85 and a 1-year high of $51.02. The firm has a market capitalization of $14.04 billion, a P/E ratio of 18.86 and a beta of 0.82. The business’s 50-day simple moving average is $49.38 and its 200-day simple moving average is $48.46.

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.