Synovus Financial Corp Has $200,000 Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Synovus Financial Corp decreased its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 11.9% in the fourth quarter, HoldingsChannel reports. The firm owned 5,398 shares of the company’s stock after selling 727 shares during the period. Synovus Financial Corp’s holdings in iShares MSCI Intl Quality Factor ETF were worth $200,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter valued at $61,044,000. Wells Fargo & Company MN boosted its position in iShares MSCI Intl Quality Factor ETF by 694.2% during the 4th quarter. Wells Fargo & Company MN now owns 788,617 shares of the company’s stock worth $29,273,000 after acquiring an additional 689,315 shares during the period. JPMorgan Chase & Co. grew its stake in iShares MSCI Intl Quality Factor ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock valued at $226,402,000 after acquiring an additional 589,511 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 3,938,589 shares of the company’s stock valued at $146,200,000 after purchasing an additional 587,429 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 1.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 31,005,400 shares of the company’s stock worth $1,150,920,000 after purchasing an additional 481,105 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT opened at $39.76 on Friday. The company has a market capitalization of $8.93 billion, a PE ratio of 18.79 and a beta of 0.86. The company’s 50 day moving average price is $39.73 and its 200 day moving average price is $39.12. iShares MSCI Intl Quality Factor ETF has a 52 week low of $35.51 and a 52 week high of $41.93.

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.