Avaii Wealth Management LLC Has $574,000 Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Avaii Wealth Management LLC lessened its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 5.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,473 shares of the company’s stock after selling 932 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $574,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IQLT. Avior Wealth Management LLC lifted its position 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 worth $35,000 after acquiring an additional 431 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth approximately $42,000. JDM Financial Group LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the third quarter worth approximately $52,000. Fifth Third Bancorp lifted its holdings in iShares MSCI Intl Quality Factor ETF by 145.7% during 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. Finally, Farther Finance Advisors LLC boosted its stake 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 purchasing an additional 2,069 shares during the period.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA IQLT opened at $38.94 on Friday. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 16.83 and a beta of 0.90. The stock’s fifty day moving average price is $38.09 and its two-hundred day moving average price is $39.25. iShares MSCI Intl Quality Factor ETF has a one year low of $36.57 and a one year high of $41.93.

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.