iShares MSCI Intl Quality Factor ETF $IQLT Shares Bought by Truist Financial Corp

Truist Financial Corp grew its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 23.0% during the third quarter, Holdings Channel.com reports. The firm owned 91,805 shares of the company’s stock after buying an additional 17,172 shares during the quarter. Truist Financial Corp’s holdings in iShares MSCI Intl Quality Factor ETF were worth $4,057,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of IQLT. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock worth $1,463,382,000 after buying an additional 31,439,365 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 3.2% during the second quarter. PNC Financial Services Group Inc. now owns 31,568,040 shares of the company’s stock valued at $1,364,371,000 after acquiring an additional 974,637 shares during the period. Bank of America Corp DE raised its holdings in iShares MSCI Intl Quality Factor ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock worth $1,079,414,000 after purchasing an additional 4,094,153 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares MSCI Intl Quality Factor ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 18,834,601 shares of the company’s stock worth $814,031,000 after purchasing an additional 260,347 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in iShares MSCI Intl Quality Factor ETF by 13.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after purchasing an additional 1,107,638 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT stock opened at $47.64 on Thursday. iShares MSCI Intl Quality Factor ETF has a 1 year low of $35.51 and a 1 year high of $48.54. The business’s fifty day moving average is $46.17 and its 200-day moving average is $44.63. The stock has a market cap of $12.98 billion, a PE ratio of 18.86 and a beta of 0.89.

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