Diversified Enterprises LLC Sells 898 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Diversified Enterprises LLC lessened its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 14.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,318 shares of the company’s stock after selling 898 shares during the period. Diversified Enterprises LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Richard Bernstein Advisors LLC raised its stake in iShares MSCI Intl Quality Factor ETF by 211.9% in the first quarter. Richard Bernstein Advisors LLC now owns 7,000,632 shares of the company’s stock worth $277,855,000 after buying an additional 4,755,842 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 43.1% during the first quarter. Ameriprise Financial Inc. now owns 8,193,685 shares of the company’s stock valued at $325,696,000 after buying an additional 2,469,718 shares during the last quarter. Eastern Bank grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 146.9% during the first quarter. Eastern Bank now owns 2,099,915 shares of the company’s stock valued at $83,346,000 after buying an additional 1,249,516 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 6.1% during the first quarter. Envestnet Asset Management Inc. now owns 18,574,254 shares of the company’s stock valued at $737,212,000 after buying an additional 1,065,575 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 1,155.5% during the first quarter. Apollon Wealth Management LLC now owns 1,069,693 shares of the company’s stock valued at $42,456,000 after purchasing an additional 984,491 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of iShares MSCI Intl Quality Factor ETF stock opened at $43.65 on Friday. The firm has a 50-day simple moving average of $43.15 and a two-hundred day simple moving average of $42.06. The company has a market cap of $12.27 billion, a P/E ratio of 18.86 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $44.27.

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.