SVB Wealth LLC Makes New $10.23 Million Investment in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

SVB Wealth LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 275,497 shares of the company’s stock, valued at approximately $10,226,000. SVB Wealth LLC owned approximately 0.13% of iShares MSCI Intl Quality Factor ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Avior Wealth Management LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 85.7% during the 4th quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock worth $35,000 after purchasing an additional 431 shares in the last quarter. JDM Financial Group LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth $52,000. Fifth Third Bancorp raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 145.7% during the fourth quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after acquiring an additional 934 shares during the period. Farther Finance Advisors LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 287.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,788 shares of the company’s stock valued at $116,000 after acquiring an additional 2,069 shares in the last quarter. Finally, BankPlus Trust Department acquired a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth $173,000.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT opened at $39.87 on Friday. The company has a market capitalization of $8.07 billion, a price-to-earnings ratio of 20.60 and a beta of 0.90. The business’s 50-day moving average price is $38.56 and its two-hundred day moving average price is $39.35. iShares MSCI Intl Quality Factor ETF has a 1 year low of $36.57 and a 1 year high of $41.93.

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.