Envestnet Asset Management Inc. Lowers Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Envestnet Asset Management Inc. cut its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 16.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,750,605 shares of the company’s stock after selling 3,083,996 shares during the quarter. Envestnet Asset Management Inc. owned about 5.38% of iShares MSCI Intl Quality Factor ETF worth $696,019,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IQLT. Purkiss Capital Advisors LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 0.6% during the 3rd quarter. Purkiss Capital Advisors LLC now owns 40,533 shares of the company’s stock valued at $1,791,000 after purchasing an additional 229 shares in the last quarter. IRON Financial LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the third quarter. IRON Financial LLC now owns 18,118 shares of the company’s stock valued at $801,000 after acquiring an additional 233 shares in the last quarter. World Equity Group Inc. raised its holdings in iShares MSCI Intl Quality Factor ETF by 3.8% in the 3rd quarter. World Equity Group Inc. now owns 6,739 shares of the company’s stock worth $298,000 after acquiring an additional 245 shares during the last quarter. Nwam LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 4.2% in the 2nd quarter. Nwam LLC now owns 6,217 shares of the company’s stock valued at $262,000 after acquiring an additional 248 shares in the last quarter. Finally, Brady Martz Wealth Solutions LLC boosted its stake in iShares MSCI Intl Quality Factor ETF by 2.0% during the 3rd quarter. Brady Martz Wealth Solutions LLC now owns 14,794 shares of the company’s stock valued at $654,000 after purchasing an additional 286 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT stock opened at $47.59 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 1-year low of $35.51 and a 1-year high of $48.54. The stock has a market capitalization of $14.23 billion, a P/E ratio of 18.86 and a beta of 0.89. The business has a fifty day moving average price of $46.12 and a 200-day moving average price of $44.61.

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