Riverchase Wealth Management LLC Trims Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Riverchase Wealth Management LLC trimmed its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 43.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,484 shares of the company’s stock after selling 5,070 shares during the quarter. Riverchase Wealth Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $280,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the first quarter worth about $25,000. Garde Capital Inc. purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the first quarter worth about $34,000. GAMMA Investing LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares during the last quarter. Independence Bank of Kentucky purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter worth about $41,000. Finally, Arlington Trust Co LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the first quarter worth about $58,000.

iShares MSCI Intl Quality Factor ETF Trading Down 1.0%

Shares of IQLT stock opened at $44.53 on Friday. The stock has a 50 day moving average of $43.49 and a 200 day moving average of $42.30. The stock has a market cap of $12.79 billion, a P/E ratio of 18.86 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a twelve month low of $35.51 and a twelve month high of $45.38.

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.