Breakwater Capital Group Boosts Stock Position in iShares MSCI Intl Quality Factor ETF $IQLT

Breakwater Capital Group raised its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 279,229 shares of the company’s stock after purchasing an additional 21,358 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for 1.8% of Breakwater Capital Group’s investment portfolio, making the stock its 11th biggest holding. Breakwater Capital Group owned about 0.09% of iShares MSCI Intl Quality Factor ETF worth $12,691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% during 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 purchasing an additional 31,439,365 shares during the period. Bank of America Corp DE grew 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 valued at $1,079,414,000 after buying an additional 4,094,153 shares during the last quarter. JPMorgan Chase & Co. increased 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 valued at $302,923,000 after buying an additional 1,741,531 shares during the period. Richard Bernstein Advisors LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 15.3% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 10,533,655 shares of the company’s stock valued at $467,375,000 after buying an additional 1,399,534 shares during the period. Finally, Ameriprise Financial Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 13.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock worth $402,190,000 after buying an additional 1,107,638 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT stock opened at $44.56 on Monday. The stock has a market capitalization of $12.14 billion, a PE ratio of 18.86 and a beta of 0.89. The company has a fifty day moving average of $47.71 and a 200-day moving average of $45.78. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $49.91.

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.