CIBC Private Wealth Group LLC Grows Stake in iShares MSCI Intl Quality Factor ETF $IQLT

CIBC Private Wealth Group LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 76.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,024 shares of the company’s stock after purchasing an additional 19,465 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,990,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth $1,990,000. Bell Investment Advisors Inc increased its position in iShares MSCI Intl Quality Factor ETF by 1.4% during the 3rd quarter. Bell Investment Advisors Inc now owns 219,799 shares of the company’s stock valued at $9,713,000 after buying an additional 3,030 shares in the last quarter. Centaurus Financial Inc. raised its stake in iShares MSCI Intl Quality Factor ETF by 8.2% in the third quarter. Centaurus Financial Inc. now owns 111,076 shares of the company’s stock valued at $4,908,000 after buying an additional 8,406 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI Intl Quality Factor ETF in the third quarter valued at about $83,000. Finally, Sunbelt Securities Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 64.6% in the third quarter. Sunbelt Securities Inc. now owns 2,626 shares of the company’s stock worth $116,000 after acquiring an additional 1,031 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT stock opened at $44.56 on Monday. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $49.91. The firm has a market capitalization of $12.14 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. The stock’s 50-day simple moving average is $47.71 and its 200-day simple moving average is $45.78.

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.