Durante & Waters LLC Cuts Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Durante & Waters LLC reduced its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 27.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,247 shares of the company’s stock after selling 28,157 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for 2.4% of Durante & Waters LLC’s portfolio, making the stock its 10th largest position. Durante & Waters LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $3,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares MSCI Intl Quality Factor ETF Stock Down 1.1%

IQLT opened at $47.12 on Friday. iShares MSCI Intl Quality Factor ETF has a twelve month low of $35.51 and a twelve month high of $48.54. The firm has a 50 day moving average price of $46.22 and a 200-day moving average price of $44.65. The stock has a market capitalization of $12.84 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89.

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