Carnegie Investment Counsel Boosts Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Carnegie Investment Counsel increased its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 13.6% in the 1st quarter, HoldingsChannel reports. The firm owned 947,863 shares of the company’s stock after purchasing an additional 113,663 shares during the period. iShares MSCI Intl Quality Factor ETF makes up 0.9% of Carnegie Investment Counsel’s investment portfolio, making the stock its 25th biggest position. Carnegie Investment Counsel’s holdings in iShares MSCI Intl Quality Factor ETF were worth $43,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH raised its stake in shares of 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 worth $25,000 after purchasing an additional 450 shares during the last quarter. Arax Advisory Partners purchased a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at approximately $37,000. Qube Research & Technologies Ltd acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $42,000. Lloyd Advisory Services LLC. purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at about $44,000. Finally, Russell Investments Group Ltd. grew its holdings in iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after buying an additional 852 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.1%

Shares of NYSEARCA IQLT traded up $0.06 during midday trading on Friday, reaching $49.56. 1,400,735 shares of the stock were exchanged, compared to its average volume of 2,001,724. The company has a market capitalization of $13.65 billion, a P/E ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.08. The stock has a 50 day moving average price of $49.19 and a 200-day moving average price of $48.02.

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.