Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT – Free Report) by 84.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,444,572 shares of the company’s stock after acquiring an additional 2,956,717 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for 5.2% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings, making the stock its 2nd biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned 2.15% of iShares MSCI Intl Quality Factor ETF worth $292,906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Guerra Advisors Inc acquired a new position in iShares MSCI Intl Quality Factor ETF during the third quarter valued at approximately $27,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF in the second quarter worth $42,000. Russell Investments Group Ltd. raised its holdings in iShares MSCI Intl Quality Factor ETF by 312.1% in the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after purchasing an additional 852 shares during the period. Root Financial Partners LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth $64,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth $69,000.
iShares MSCI Intl Quality Factor ETF Stock Up 1.4%
Shares of IQLT stock opened at $46.87 on Thursday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $35.51 and a 12-month high of $49.91. The firm has a fifty day moving average of $47.48 and a 200-day moving average of $45.87. The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89.
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.
See Also
Receive News & Ratings for iShares MSCI Intl Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Intl Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
