D.A. Davidson & CO. Has $2.81 Million Position in iShares MSCI Intl Quality Factor ETF $IQLT

D.A. Davidson & CO. decreased its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 60.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,680 shares of the company’s stock after selling 92,491 shares during the period. D.A. Davidson & CO.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. IRON Financial LLC increased its position in iShares MSCI Intl Quality Factor ETF by 1.2% during the 1st quarter. IRON Financial LLC now owns 17,668 shares of the company’s stock valued at $817,000 after purchasing an additional 215 shares during the period. Chicago Partners Investment Group LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 0.5% during the fourth quarter. Chicago Partners Investment Group LLC now owns 48,517 shares of the company’s stock worth $2,302,000 after buying an additional 224 shares during the period. Geneos Wealth Management Inc. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the first quarter. Geneos Wealth Management Inc. now owns 19,104 shares of the company’s stock worth $883,000 after buying an additional 250 shares during the period. Russell Investments Group Ltd. raised its stake in iShares MSCI Intl Quality Factor ETF by 15.3% during the fourth quarter. Russell Investments Group Ltd. now owns 1,987 shares of the company’s stock worth $90,000 after buying an additional 263 shares during the last quarter. Finally, Opes Wealth Management LLC raised its stake in iShares MSCI Intl Quality Factor ETF by 0.6% during the fourth quarter. Opes Wealth Management LLC now owns 43,734 shares of the company’s stock worth $1,988,000 after buying an additional 269 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Down 0.8%

Shares of IQLT opened at $49.05 on Tuesday. The stock has a market capitalization of $13.51 billion, a P/E ratio of 18.86 and a beta of 0.83. The firm’s fifty day simple moving average is $49.21 and its two-hundred day simple moving average is $48.19. iShares MSCI Intl Quality Factor ETF has a 12 month low of $41.20 and a 12 month high of $50.08.

iShares MSCI Intl Quality Factor ETF Company 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.