Milestone Investment Advisors LLC Lowers Stock Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Milestone Investment Advisors LLC lowered its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 7.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 122,884 shares of the company’s stock after selling 9,476 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for about 1.2% of Milestone Investment Advisors LLC’s holdings, making the stock its 25th largest holding. Milestone Investment Advisors LLC owned 0.06% of iShares MSCI Intl Quality Factor ETF worth $4,561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IQLT. Avior Wealth Management LLC raised its stake in iShares MSCI Intl Quality Factor ETF by 85.7% during the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock valued at $35,000 after buying an additional 431 shares during the last quarter. JDM Financial Group LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter valued at $52,000. Fifth Third Bancorp raised its position in shares of iShares MSCI Intl Quality Factor ETF by 145.7% in the 4th quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after purchasing an additional 934 shares during the last quarter. Physician Wealth Advisors Inc. purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at about $104,000. Finally, Lee Danner & Bass Inc. purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at about $126,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT opened at $39.96 on Thursday. The firm has a 50-day simple moving average of $39.95 and a two-hundred day simple moving average of $39.36. The firm has a market cap of $8.83 billion, a P/E ratio of 20.27 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $36.57 and a fifty-two week 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.