Enzi Wealth Increases Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Enzi Wealth grew its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 7.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 534,611 shares of the company’s stock after purchasing an additional 35,916 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for 7.8% of Enzi Wealth’s investment portfolio, making the stock its 3rd biggest holding. Enzi Wealth’s holdings in iShares MSCI Intl Quality Factor ETF were worth $20,583,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Avior Wealth Management LLC increased its position in iShares MSCI Intl Quality Factor ETF by 85.7% in the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock worth $35,000 after purchasing an additional 431 shares during the period. CENTRAL TRUST Co acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth approximately $42,000. JDM Financial Group LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth approximately $52,000. Fifth Third Bancorp lifted its holdings in iShares MSCI Intl Quality Factor ETF by 145.7% in the fourth quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock valued at $58,000 after buying an additional 934 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in iShares MSCI Intl Quality Factor ETF by 287.8% in the third quarter. Farther Finance Advisors LLC now owns 2,788 shares of the company’s stock valued at $116,000 after acquiring an additional 2,069 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT opened at $38.78 on Thursday. The company has a fifty day moving average price of $38.14 and a two-hundred day moving average price of $39.22. The firm has a market capitalization of $8.02 billion, a PE ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 52 week low of $36.57 and a 52 week high of $41.93.

iShares MSCI Intl Quality Factor ETF 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.