iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Shares Sold by Valence8 US LP

Valence8 US LP trimmed its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 3.5% during the fourth quarter, Holdings Channel reports. The fund owned 990,439 shares of the company’s stock after selling 35,851 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for 17.7% of Valence8 US LP’s holdings, making the stock its 3rd largest position. Valence8 US LP’s holdings in iShares MSCI Intl Quality Factor ETF were worth $36,765,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC grew its position in shares of iShares MSCI Intl Quality Factor ETF by 85.7% in the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock valued at $35,000 after purchasing an additional 431 shares during the last quarter. JDM Financial Group LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at approximately $52,000. Fifth Third Bancorp increased its position in iShares MSCI Intl Quality Factor ETF by 145.7% in the 4th quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after buying an additional 934 shares during the period. Physician Wealth Advisors Inc. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth approximately $104,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $126,000.

iShares MSCI Intl Quality Factor ETF Price Performance

NYSEARCA:IQLT opened at $39.96 on Thursday. iShares MSCI Intl Quality Factor ETF has a one year low of $36.57 and a one year high of $41.93. The company has a fifty day moving average price of $39.95 and a 200 day moving average price of $39.36. The stock has a market cap of $8.83 billion, a P/E ratio of 20.27 and a beta of 0.89.

iShares MSCI Intl Quality Factor ETF Company 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.