GK Wealth Management LLC Invests $512,000 in iShares MSCI Intl Quality Factor ETF $IQLT

GK Wealth Management LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,323 shares of the company’s stock, valued at approximately $512,000.

A number of other hedge funds have also recently bought and sold shares of IQLT. Arax Advisory Partners acquired a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $37,000. Qube Research & Technologies Ltd acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the second quarter worth $42,000. Lloyd Advisory Services LLC. acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth $44,000. Russell Investments Group Ltd. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% in the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $51,000.

iShares MSCI Intl Quality Factor ETF Trading Up 1.2%

iShares MSCI Intl Quality Factor ETF stock opened at $50.96 on Wednesday. The firm has a market capitalization of $14.04 billion, a P/E ratio of 18.86 and a beta of 0.82. The stock has a fifty day moving average price of $49.38 and a 200 day moving average price of $48.46. iShares MSCI Intl Quality Factor ETF has a 52 week low of $41.85 and a 52 week high of $51.02.

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