BankPlus Wealth Management LLC Invests $866,000 in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

BankPlus Wealth Management LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,319 shares of the company’s stock, valued at approximately $866,000. iShares MSCI Intl Quality Factor ETF comprises 0.6% of BankPlus Wealth Management LLC’s investment portfolio, making the stock its 25th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 12.1% during the third quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock worth $226,402,000 after purchasing an additional 589,511 shares in the last quarter. Thrivent Financial for Lutherans increased its position in iShares MSCI Intl Quality Factor ETF by 216.2% during the third quarter. Thrivent Financial for Lutherans now owns 661,549 shares of the company’s stock worth $27,447,000 after buying an additional 452,315 shares during the period. PNC Financial Services Group Inc. increased its position in iShares MSCI Intl Quality Factor ETF by 1.2% during the third quarter. PNC Financial Services Group Inc. now owns 30,524,295 shares of the company’s stock worth $1,266,453,000 after buying an additional 361,685 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $13,480,000. Finally, Wharton Business Group LLC boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 88.9% in the third quarter. Wharton Business Group LLC now owns 738,310 shares of the company’s stock valued at $30,632,000 after acquiring an additional 347,475 shares during the period.

iShares MSCI Intl Quality Factor ETF Trading Down 0.1 %

Shares of IQLT opened at $38.91 on Tuesday. The firm has a market cap of $8.04 billion, a PE ratio of 16.83 and a beta of 0.90. The company’s 50 day simple moving average is $38.11 and its 200-day simple moving average is $39.24. iShares MSCI Intl Quality Factor ETF has a 12-month low of $36.57 and a 12-month high of $41.93.

iShares MSCI Intl Quality Factor ETF 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.