Balentine LLC Raises Stock Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Balentine LLC boosted its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 157,133 shares of the company’s stock after purchasing an additional 12,261 shares during the period. iShares MSCI Intl Quality Factor ETF makes up approximately 0.3% of Balentine LLC’s investment portfolio, making the stock its 21st biggest holding. Balentine LLC owned approximately 0.06% of iShares MSCI Intl Quality Factor ETF worth $6,237,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 6.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,574,254 shares of the company’s stock valued at $737,212,000 after buying an additional 1,065,575 shares during the last quarter. Richard Bernstein Advisors LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 211.9% during the first quarter. Richard Bernstein Advisors LLC now owns 7,000,632 shares of the company’s stock worth $277,855,000 after buying an additional 4,755,842 shares during the period. TIAA Trust National Association grew its holdings in iShares MSCI Intl Quality Factor ETF by 0.4% during the 4th quarter. TIAA Trust National Association now owns 6,099,166 shares of the company’s stock worth $226,401,000 after acquiring an additional 25,469 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 7.0% during the fourth quarter. JPMorgan Chase & Co. now owns 5,836,699 shares of the company’s stock worth $216,658,000 after purchasing an additional 379,922 shares during the period. Finally, Capital Investment Advisors LLC grew its position in iShares MSCI Intl Quality Factor ETF by 4.4% in the 1st quarter. Capital Investment Advisors LLC now owns 4,897,053 shares of the company’s stock valued at $194,364,000 after buying an additional 206,980 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of IQLT opened at $42.57 on Friday. The company has a 50-day moving average of $42.80 and a two-hundred day moving average of $40.63. The stock has a market cap of $11.82 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 $43.78.

iShares MSCI Intl Quality Factor ETF Company 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.