Koenig Investment Advisory LLC Takes $9.96 Million Position in iShares MSCI Intl Quality Factor ETF $IQLT

Koenig Investment Advisory LLC purchased a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the fourth quarter, Holdings Channel reports. The fund purchased 201,104 shares of the company’s stock, valued at approximately $9,963,000. iShares MSCI Intl Quality Factor ETF accounts for approximately 8.1% of Koenig Investment Advisory LLC’s portfolio, making the stock its 5th biggest position.

Several other institutional investors have also made changes to their positions in IQLT. Trust Co. of Toledo NA OH grew its position in iShares MSCI Intl Quality Factor ETF by 436.9% during the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares in the last quarter. Arax Advisory Partners acquired a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at approximately $37,000. Qube Research & Technologies Ltd purchased a new stake in iShares MSCI Intl Quality Factor ETF in the 2nd quarter worth approximately $42,000. Lloyd Advisory Services LLC. purchased a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth approximately $44,000. Finally, Russell Investments Group Ltd. lifted its position in iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after buying an additional 852 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA:IQLT opened at $49.33 on Friday. The firm has a fifty day moving average of $49.07 and a two-hundred day moving average of $47.58. The firm has a market capitalization of $13.00 billion, a P/E ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a 12-month low of $41.20 and a 12-month high of $50.08.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.