Kinetic Wealth Investment Advisors LLC Invests $11.29 Million in iShares MSCI Intl Quality Factor ETF $IQLT

Kinetic Wealth Investment Advisors LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 227,789 shares of the company’s stock, valued at approximately $11,287,000. iShares MSCI Intl Quality Factor ETF makes up approximately 5.3% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Kinetic Wealth Investment Advisors LLC owned approximately 0.08% of iShares MSCI Intl Quality Factor ETF as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI Intl Quality Factor ETF by 56.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 53,043,095 shares of the company’s stock valued at $2,343,974,000 after buying an additional 19,184,191 shares during the period. Bank of America Corp DE lifted its position in iShares MSCI Intl Quality Factor ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after buying an additional 4,094,153 shares in the last quarter. OpenArc Corporate Advisory LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF during the fourth quarter worth approximately $90,603,000. Dynasty Wealth Management LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF during the fourth quarter worth approximately $74,227,000. Finally, Ameriprise Financial Inc. grew its stake in iShares MSCI Intl Quality Factor ETF by 13.5% during the second quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock worth $402,190,000 after buying an additional 1,107,638 shares during the period.

iShares MSCI Intl Quality Factor ETF Price Performance

iShares MSCI Intl Quality Factor ETF stock opened at $51.59 on Tuesday. The firm has a fifty day moving average of $50.60 and a 200-day moving average of $49.10. iShares MSCI Intl Quality Factor ETF has a 52-week low of $43.17 and a 52-week high of $52.36. The firm has a market capitalization of $14.21 billion, a P/E ratio of 18.86 and a beta of 0.83.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.