PNC Financial Services Group Inc. Sells 4,136,004 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

PNC Financial Services Group Inc. decreased its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 18.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 18,239,931 shares of the company’s stock after selling 4,136,004 shares during the period. PNC Financial Services Group Inc. owned approximately 6.70% of iShares MSCI Intl Quality Factor ETF worth $829,005,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of IQLT. Chicago Partners Investment Group LLC lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 0.5% in the fourth quarter. Chicago Partners Investment Group LLC now owns 48,517 shares of the company’s stock valued at $2,302,000 after purchasing an additional 224 shares in the last quarter. Purkiss Capital Advisors LLC boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 0.6% in the 3rd quarter. Purkiss Capital Advisors LLC now owns 40,533 shares of the company’s stock valued at $1,791,000 after buying an additional 229 shares during the last quarter. Cherry Tree Wealth Management LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 5.3% in the third quarter. Cherry Tree Wealth Management LLC now owns 4,657 shares of the company’s stock valued at $206,000 after acquiring an additional 233 shares during the last quarter. Assetmark Inc. grew its holdings in iShares MSCI Intl Quality Factor ETF by 2.2% during the third quarter. Assetmark Inc. now owns 10,694 shares of the company’s stock worth $473,000 after purchasing an additional 235 shares during the period. Finally, Opes Wealth Management LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 0.6% during the 4th quarter. Opes Wealth Management LLC now owns 43,734 shares of the company’s stock worth $1,988,000 after acquiring an additional 269 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT stock opened at $48.49 on Wednesday. iShares MSCI Intl Quality Factor ETF has a 52 week low of $41.20 and a 52 week high of $50.00. The company has a 50-day simple moving average of $47.69 and a 200 day simple moving average of $46.82. The company has a market capitalization of $12.78 billion, a price-to-earnings ratio of 18.86 and a beta of 0.84.

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.