Parallel Advisors LLC Boosts Stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Parallel Advisors LLC raised its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 40.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 212,811 shares of the company’s stock after purchasing an additional 61,152 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $7,900,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. purchased a new stake in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $665,000. Bell Investment Advisors Inc raised its position in iShares MSCI Intl Quality Factor ETF by 0.3% in the fourth quarter. Bell Investment Advisors Inc now owns 199,370 shares of the company’s stock valued at $7,401,000 after purchasing an additional 689 shares during the period. Benningfield Financial Advisors LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $235,000. Bailard Inc. grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 7.1% in the fourth quarter. Bailard Inc. now owns 120,808 shares of the company’s stock valued at $4,484,000 after buying an additional 8,026 shares in the last quarter. Finally, Silver Coast Investments LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 7.6% in the fourth quarter. Silver Coast Investments LLC now owns 893,187 shares of the company’s stock valued at $33,155,000 after buying an additional 63,399 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 1.8 %

Shares of NYSEARCA IQLT opened at $40.60 on Monday. iShares MSCI Intl Quality Factor ETF has a twelve month low of $36.57 and a twelve month high of $41.93. The stock has a fifty day simple moving average of $39.22 and a 200-day simple moving average of $39.34. The stock has a market capitalization of $8.97 billion, a PE ratio of 20.48 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.