Bank of America Corp DE Purchases 1,638,924 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Bank of America Corp DE grew its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 6.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,613,791 shares of the company’s stock after acquiring an additional 1,638,924 shares during the quarter. Bank of America Corp DE owned 9.10% of iShares MSCI Intl Quality Factor ETF worth $1,176,063,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Guerra Advisors Inc bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the third quarter worth $27,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at $42,000. Russell Investments Group Ltd. increased its stake in iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after buying an additional 852 shares during the last quarter. Root Financial Partners LLC bought a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth about $64,000. Finally, Manning & Napier Advisors LLC bought a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth about $69,000.

iShares MSCI Intl Quality Factor ETF Price Performance

iShares MSCI Intl Quality Factor ETF stock opened at $46.77 on Tuesday. The company has a market cap of $12.74 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. The firm has a 50-day moving average of $47.77 and a 200-day moving average of $45.70. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $49.91.

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.