Nova R Wealth Inc. Boosts Stock Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Nova R Wealth Inc. lifted its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 1.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,207 shares of the company’s stock after acquiring an additional 540 shares during the period. iShares MSCI Intl Quality Factor ETF makes up about 0.9% of Nova R Wealth Inc.’s holdings, making the stock its 25th largest holding. Nova R Wealth Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth about $61,044,000. Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1,194.2% in the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 829,212 shares of the company’s stock worth $32,911,000 after buying an additional 765,142 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 694.2% in the fourth quarter. Wells Fargo & Company MN now owns 788,617 shares of the company’s stock valued at $29,273,000 after acquiring an additional 689,315 shares during the period. Harbor Group Inc. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 942.1% in the first quarter. Harbor Group Inc. now owns 714,839 shares of the company’s stock valued at $28,372,000 after acquiring an additional 646,243 shares during the period. Finally, LPL Financial LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 17.5% during the fourth quarter. LPL Financial LLC now owns 3,938,589 shares of the company’s stock valued at $146,200,000 after acquiring an additional 587,429 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Down 0.4%

iShares MSCI Intl Quality Factor ETF stock opened at $42.40 on Thursday. The firm’s 50 day simple moving average is $42.13 and its 200 day simple moving average is $40.05. iShares MSCI Intl Quality Factor ETF has a 1-year low of $35.51 and a 1-year high of $43.78. The firm has a market capitalization of $11.60 billion, a PE ratio of 19.45 and a beta of 0.89.

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.