Northwestern Mutual Wealth Management Co. Sells 35,646,904 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Northwestern Mutual Wealth Management Co. lessened its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 67.2% in the 4th quarter, HoldingsChannel reports. The fund owned 17,396,191 shares of the company’s stock after selling 35,646,904 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of iShares MSCI Intl Quality Factor ETF worth $790,657,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 26,613,791 shares of the company’s stock worth $1,176,063,000 after acquiring an additional 1,638,924 shares in the last quarter. Richard Bernstein Advisors LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 21.0% during the 4th quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock valued at $579,508,000 after purchasing an additional 2,216,790 shares in the last quarter. Ameriprise Financial Inc. increased its stake in iShares MSCI Intl Quality Factor ETF by 13.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after purchasing an additional 1,107,638 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in iShares MSCI Intl Quality Factor ETF by 84.8% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,444,572 shares of the company’s stock valued at $292,906,000 after purchasing an additional 2,956,717 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 4.2% during the 4th quarter. Capital Investment Advisors LLC now owns 5,785,620 shares of the company’s stock valued at $262,956,000 after purchasing an additional 235,392 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Down 1.6%

Shares of iShares MSCI Intl Quality Factor ETF stock opened at $48.35 on Friday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $41.20 and a 12-month high of $50.00. The firm has a market capitalization of $12.74 billion, a price-to-earnings ratio of 18.86 and a beta of 0.84. The firm’s 50 day simple moving average is $47.62 and its two-hundred day simple moving average is $46.76.

About iShares MSCI Intl Quality Factor ETF

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.