Valence8 US LP Purchases New Stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Valence8 US LP purchased a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 719,060 shares of the company’s stock, valued at approximately $27,008,000. iShares MSCI Intl Quality Factor ETF accounts for 15.8% of Valence8 US LP’s portfolio, making the stock its 3rd largest position.

A number of other large investors have also added to or reduced their stakes in the business. TIAA Trust National Association acquired a new position in iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at $196,750,000. JPMorgan Chase & Co. grew its holdings in iShares MSCI Intl Quality Factor ETF by 56.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,634,481 shares of the company’s stock valued at $323,820,000 after buying an additional 3,487,001 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 11.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 29,427,924 shares of the company’s stock worth $989,073,000 after purchasing an additional 2,934,327 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth $50,072,000. Finally, Gradient Investments LLC grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 214,020.1% during the 4th quarter. Gradient Investments LLC now owns 852,198 shares of the company’s stock worth $32,009,000 after purchasing an additional 851,800 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 1.2 %

Shares of IQLT traded up $0.45 during trading hours on Tuesday, hitting $38.46. 870,686 shares of the company were exchanged, compared to its average volume of 1,232,423. The company has a market cap of $7.97 billion, a price-to-earnings ratio of 16.70 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $32.28 and a fifty-two week high of $39.97. The firm’s fifty day moving average is $38.93 and its 200 day moving average is $36.88.

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.