Palladiem LLC Invests $5.51 Million in iShares MSCI Intl Quality Factor ETF $IQLT

Palladiem LLC purchased a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 120,680 shares of the company’s stock, valued at approximately $5,511,000. iShares MSCI Intl Quality Factor ETF comprises about 5.2% of Palladiem LLC’s portfolio, making the stock its 9th biggest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Arrowroot Family Office LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 67.7% in the fourth quarter. Arrowroot Family Office LLC now owns 38,308 shares of the company’s stock worth $1,741,000 after acquiring an additional 15,466 shares during the last quarter. Ackerman Capital Advisors LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 41.7% in the fourth quarter. Ackerman Capital Advisors LLC now owns 177,149 shares of the company’s stock worth $8,051,000 after acquiring an additional 52,170 shares during the last quarter. SouthState Bank Corp raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 2,288.8% in the fourth quarter. SouthState Bank Corp now owns 1,911 shares of the company’s stock worth $87,000 after acquiring an additional 1,831 shares during the last quarter. Syon Capital LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 51.3% in the fourth quarter. Syon Capital LLC now owns 7,520 shares of the company’s stock worth $342,000 after acquiring an additional 2,549 shares during the last quarter. Finally, Tacita Capital Inc raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 3.3% in the fourth quarter. Tacita Capital Inc now owns 102,629 shares of the company’s stock worth $4,664,000 after acquiring an additional 3,272 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 2.5%

NYSEARCA IQLT opened at $48.19 on Friday. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $41.20 and a fifty-two week high of $50.00. The stock has a market cap of $12.70 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. The business has a fifty day moving average of $48.49 and a 200-day moving average of $47.23.

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.