13,660 iShares MSCI Intl Quality Factor ETF $IQLT Shares Purchased by Koenig Investment Advisory LLC

Koenig Investment Advisory LLC raised its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 6.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 227,841 shares of the company’s stock after purchasing an additional 13,660 shares during the period. iShares MSCI Intl Quality Factor ETF comprises about 7.7% of Koenig Investment Advisory LLC’s investment portfolio, making the stock its 5th largest position. Koenig Investment Advisory LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $11,271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IQLT. Breakwater Capital Group increased its position in iShares MSCI Intl Quality Factor ETF by 5.8% during the 3rd quarter. Breakwater Capital Group now owns 324,762 shares of the company’s stock valued at $16,066,000 after buying an additional 17,896 shares in the last quarter. Go Invest LLC bought a new stake in iShares MSCI Intl Quality Factor ETF in the third quarter worth $977,000. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 27.5% in the third quarter. Farther Finance Advisors LLC now owns 175,692 shares of the company’s stock worth $8,691,000 after acquiring an additional 37,902 shares during the last quarter. YHB Investment Advisors Inc. purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the third quarter worth $2,244,000. Finally, Everhart Financial Group Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 6.4% during the third quarter. Everhart Financial Group Inc. now owns 5,076 shares of the company’s stock valued at $251,000 after acquiring an additional 305 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 0.7%

Shares of NYSEARCA IQLT traded up $0.33 during midday trading on Friday, hitting $49.71. The stock had a trading volume of 518,437 shares, compared to its average volume of 1,819,123. The business’s 50 day moving average is $50.83 and its 200-day moving average is $49.49. iShares MSCI Intl Quality Factor ETF has a 52 week low of $43.18 and a 52 week high of $52.36. The company has a market cap of $13.60 billion, a P/E 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.