LPL Financial LLC Lowers Stock Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

LPL Financial LLC reduced its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 7.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,195,957 shares of the company’s stock after selling 341,080 shares during the period. LPL Financial LLC owned about 1.54% of iShares MSCI Intl Quality Factor ETF worth $190,706,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IQLT. Trust Co. of Toledo NA OH boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 436.9% in the 4th quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at $42,000. Lloyd Advisory Services LLC. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $44,000. Russell Investments Group Ltd. boosted its holdings 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. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at $51,000.

iShares MSCI Intl Quality Factor ETF Stock Up 0.4%

Shares of IQLT opened at $48.82 on Wednesday. The firm has a market cap of $12.86 billion, a PE ratio of 18.86 and a beta of 0.83. The company’s fifty day moving average is $48.64 and its two-hundred day moving average is $47.32. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $41.20 and a fifty-two week high of $50.00.

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.