6,262,066 Shares of iShares MSCI Intl Quality Factor ETF $IQLT Bought by Capital Investment Advisors LLC

Capital Investment Advisors LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,262,066 shares of the company’s stock, valued at approximately $309,784,000. iShares MSCI Intl Quality Factor ETF makes up about 3.8% of Capital Investment Advisors LLC’s portfolio, making the stock its 3rd biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Carnegie Investment Counsel bought a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth about $52,498,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 6.1% during the 1st 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 purchasing an additional 395,337 shares in the last quarter. Modern Wealth Management LLC increased its position in iShares MSCI Intl Quality Factor ETF by 35.9% during the first quarter. Modern Wealth Management LLC now owns 1,396,649 shares of the company’s stock worth $65,461,000 after buying an additional 368,864 shares during the last quarter. SOL Capital Management CO grew its stake in iShares MSCI Intl Quality Factor ETF by 257.1% in the 1st quarter. SOL Capital Management CO now owns 491,919 shares of the company’s stock valued at $22,741,000 after buying an additional 354,161 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth approximately $15,884,000.

iShares MSCI Intl Quality Factor ETF Price Performance

NYSEARCA:IQLT opened at $49.87 on Friday. iShares MSCI Intl Quality Factor ETF has a one year low of $43.18 and a one year high of $52.36. The firm’s 50 day simple moving average is $50.56 and its 200 day simple moving average is $49.79. The company has a market cap of $13.64 billion, a PE ratio of 18.86 and a beta of 0.82.

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.