M&T Bank Corp Takes $547,000 Position in iShares MSCI Intl Quality Factor ETF $IQLT

M&T Bank Corp purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 12,031 shares of the company’s stock, valued at approximately $547,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Trust Co. of Toledo NA OH increased its position 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 valued at $25,000 after buying an additional 450 shares during the period. Guerra Advisors Inc purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter valued at about $27,000. Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at about $42,000. Russell Investments Group Ltd. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the second 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 period. Finally, Root Financial Partners LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter valued at about $64,000.

iShares MSCI Intl Quality Factor ETF Stock Down 0.7%

Shares of IQLT stock opened at $49.06 on Wednesday. The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 18.86 and a beta of 0.84. The business’s fifty day moving average is $47.57 and its 200 day moving average is $46.69. iShares MSCI Intl Quality Factor ETF has a twelve month low of $41.20 and a twelve month high of $50.00.

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.