Robinson Smith Wealth Advisors LLC Cuts Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Robinson Smith Wealth Advisors LLC decreased its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 33.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,029 shares of the company’s stock after selling 11,816 shares during the period. iShares MSCI Intl Quality Factor ETF comprises about 0.8% of Robinson Smith Wealth Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. Robinson Smith Wealth Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,111,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 56.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 53,043,095 shares of the company’s stock valued at $2,343,974,000 after buying an additional 19,184,191 shares during the last quarter. Bank of America Corp DE raised its position in iShares MSCI Intl Quality Factor ETF by 19.6% in the 2nd quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock worth $1,079,414,000 after buying an additional 4,094,153 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted 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 acquiring an additional 2,956,717 shares during the period. Richard Bernstein Advisors LLC lifted 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 acquiring an additional 2,216,790 shares during the period. Finally, OpenArc Corporate Advisory LLC bought a new position in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at about $90,603,000.

iShares MSCI Intl Quality Factor ETF Stock Up 0.5%

Shares of NYSEARCA IQLT opened at $49.50 on Friday. The firm’s 50-day moving average price is $49.16 and its 200-day moving average price is $48.01. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.08. The company has a market cap of $13.64 billion, a PE ratio of 18.86 and a beta of 0.83.

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.