iShares MSCI Intl Quality Factor ETF $IQLT is Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s 2nd Largest Position

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 6.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,839,909 shares of the company’s stock after purchasing an additional 395,337 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for approximately 5.5% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings, making the stock its 2nd biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares MSCI Intl Quality Factor ETF were worth $316,209,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Glassman Wealth Services purchased a new position in iShares MSCI Intl Quality Factor ETF during the 1st quarter worth $134,000. Bleakley Financial Group LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the first quarter valued at about $8,660,000. Valmark Advisers Inc. boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 43.6% in the first quarter. Valmark Advisers Inc. now owns 78,329 shares of the company’s stock valued at $3,621,000 after acquiring an additional 23,772 shares in the last quarter. Carnegie Investment Counsel increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 13.6% during the first quarter. Carnegie Investment Counsel now owns 947,863 shares of the company’s stock worth $43,820,000 after acquiring an additional 113,663 shares during the period. Finally, Capital Squared Financial LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 4.4% during the first quarter. Capital Squared Financial LLC now owns 30,911 shares of the company’s stock worth $1,429,000 after acquiring an additional 1,289 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Down 0.9%

NYSEARCA IQLT opened at $49.10 on Tuesday. The stock has a market capitalization of $13.53 billion, a P/E ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.08. The firm has a 50-day moving average price of $49.20 and a 200 day moving average price of $48.06.

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.