Janney Montgomery Scott LLC Buys 83,021 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Janney Montgomery Scott LLC lifted its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.0% during the first quarter, Holdings Channel reports. The fund owned 1,115,912 shares of the company’s stock after acquiring an additional 83,021 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $51,589,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Russell Investments Group Ltd. grew its stake 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 valued at $49,000 after buying an additional 852 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 13.1% during the second quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock valued at $407,000 after acquiring an additional 1,086 shares during the period. Qube Research & Technologies Ltd bought a new stake in iShares MSCI Intl Quality Factor ETF during the second quarter valued at about $42,000. Raymond James Financial Inc. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 4.8% in the second quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock valued at $77,930,000 after purchasing an additional 83,154 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its position in shares of iShares MSCI Intl Quality Factor ETF by 1.7% in the second quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock valued at $789,000 after purchasing an additional 311 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

iShares MSCI Intl Quality Factor ETF stock opened at $48.71 on Monday. The business’s 50-day simple moving average is $49.07 and its 200-day simple moving average is $47.74. The firm has a market capitalization of $12.84 billion, a PE 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.

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.