BankPlus Wealth Management LLC Grows Position in iShares MSCI Intl Quality Factor ETF $IQLT

BankPlus Wealth Management LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 43.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,405 shares of the company’s stock after purchasing an additional 23,334 shares during the quarter. iShares MSCI Intl Quality Factor ETF comprises 2.0% of BankPlus Wealth Management LLC’s holdings, making the stock its 11th biggest position. BankPlus Wealth Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $3,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IRON Financial LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 1.3% in the 3rd quarter. IRON Financial LLC now owns 18,118 shares of the company’s stock valued at $801,000 after acquiring an additional 233 shares during the period. World Equity Group Inc. lifted its position in iShares MSCI Intl Quality Factor ETF by 3.8% during the 3rd quarter. World Equity Group Inc. now owns 6,739 shares of the company’s stock worth $298,000 after acquiring an additional 245 shares during the period. Nwam LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 4.2% during the 2nd quarter. Nwam LLC now owns 6,217 shares of the company’s stock valued at $262,000 after purchasing an additional 248 shares during the last quarter. Brady Martz Wealth Solutions LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 2.0% during the 3rd quarter. Brady Martz Wealth Solutions LLC now owns 14,794 shares of the company’s stock valued at $654,000 after purchasing an additional 286 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.7% in the second quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock valued at $789,000 after purchasing an additional 311 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Down 1.4%

Shares of NYSEARCA:IQLT opened at $46.60 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 52-week low of $35.51 and a 52-week high of $47.27. The stock has a market cap of $13.94 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. The business has a 50-day moving average price of $45.42 and a 200-day moving average price of $44.27.

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.