Valmark Advisers Inc. Increases Stake in iShares MSCI Intl Quality Factor ETF $IQLT

Valmark Advisers Inc. increased its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 104.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 54,557 shares of the company’s stock after acquiring an additional 27,859 shares during the period. Valmark Advisers Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,480,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at $777,000. Emerald Advisors LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 6.2% in the 3rd quarter. Emerald Advisors LLC now owns 201,897 shares of the company’s stock valued at $8,922,000 after purchasing an additional 11,754 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 5.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 986,766 shares of the company’s stock valued at $43,605,000 after purchasing an additional 46,772 shares in the last quarter. Altus Wealth Management LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 3.4% during the 3rd quarter. Altus Wealth Management LLC now owns 465,418 shares of the company’s stock valued at $20,567,000 after buying an additional 15,396 shares during the last quarter. Finally, Savvy Advisors Inc. raised its holdings in iShares MSCI Intl Quality Factor ETF by 41.1% during the 4th quarter. Savvy Advisors Inc. now owns 86,493 shares of the company’s stock valued at $3,931,000 after buying an additional 25,174 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 0.4%

NYSEARCA:IQLT opened at $49.13 on Thursday. The company has a fifty day moving average of $47.52 and a 200 day moving average of $46.16. iShares MSCI Intl Quality Factor ETF has a 52 week low of $39.19 and a 52 week high of $49.91. The firm has a market capitalization of $12.78 billion, a P/E ratio of 18.86 and a beta of 0.86.

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.