AlphaCore Capital LLC Sells 70,268 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

AlphaCore Capital LLC lowered its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 19.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 285,277 shares of the company’s stock after selling 70,268 shares during the quarter. AlphaCore Capital LLC owned approximately 0.10% of iShares MSCI Intl Quality Factor ETF worth $12,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock worth $1,463,382,000 after buying an additional 31,439,365 shares in the last quarter. Bank of America Corp DE lifted its stake 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 purchasing an additional 4,094,153 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI Intl Quality Factor ETF by 33.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,008,860 shares of the company’s stock worth $302,923,000 after purchasing an additional 1,741,531 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at $50,850,000. Finally, Ameriprise Financial Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 13.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after purchasing an additional 1,107,638 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

iShares MSCI Intl Quality Factor ETF stock opened at $49.72 on Thursday. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $49.78. The stock has a market cap of $13.54 billion, a P/E ratio of 18.86 and a beta of 0.89. The firm’s fifty day moving average price is $47.28 and its 200-day moving average price is $45.28.

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.