Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys 159,282 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 4.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,487,855 shares of the company’s stock after purchasing an additional 159,282 shares during the period. iShares MSCI Intl Quality Factor ETF makes up about 3.1% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s portfolio, making the stock its 6th biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 1.19% of iShares MSCI Intl Quality Factor ETF worth $154,128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Guerra Advisors Inc acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth $27,000. Qube Research & Technologies Ltd purchased a new position in iShares MSCI Intl Quality Factor ETF in the 2nd quarter worth $42,000. Russell Investments Group Ltd. lifted its position in iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after acquiring an additional 852 shares during the period. Clearstead Trust LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth about $61,000. Finally, Root Financial Partners LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $64,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT stock opened at $49.26 on Friday. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $49.28. The firm has a market capitalization of $13.42 billion, a PE ratio of 18.86 and a beta of 0.89. The stock’s 50-day simple moving average is $47.02 and its 200-day simple moving average is $45.12.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.