Eastern Bank Increases Position in iShares MSCI Intl Quality Factor ETF $IQLT

Eastern Bank lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,283,028 shares of the company’s stock after buying an additional 16,679 shares during the period. iShares MSCI Intl Quality Factor ETF makes up approximately 1.8% of Eastern Bank’s holdings, making the stock its 15th largest position. Eastern Bank owned approximately 0.76% of iShares MSCI Intl Quality Factor ETF worth $103,764,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Guerra Advisors Inc purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at approximately $27,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth approximately $42,000. Russell Investments Group Ltd. grew its stake in shares of 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 purchasing an additional 852 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $64,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $69,000.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA IQLT opened at $44.67 on Friday. The stock has a fifty day moving average price of $47.54 and a 200 day moving average price of $45.83. iShares MSCI Intl Quality Factor ETF has a 1-year low of $35.51 and a 1-year high of $49.91. The company has a market cap of $12.17 billion, a PE ratio of 18.86 and a beta of 0.89.

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.