iShares MSCI Intl Quality Factor ETF $IQLT is Sunburst Financial Group LLC’s 5th Largest Position

Sunburst Financial Group LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 6.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 812,667 shares of the company’s stock after purchasing an additional 51,982 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for about 6.5% of Sunburst Financial Group LLC’s portfolio, making the stock its 5th biggest position. Sunburst Financial Group LLC owned about 0.29% of iShares MSCI Intl Quality Factor ETF worth $40,268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Arax Advisory Partners purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter worth approximately $37,000. Qube Research & Technologies Ltd purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at $42,000. Lloyd Advisory Services LLC. purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at $44,000. Russell Investments Group Ltd. lifted its position in iShares MSCI Intl Quality Factor ETF by 312.1% in the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after buying an additional 852 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in iShares MSCI Intl Quality Factor ETF in the fourth quarter worth $51,000.

iShares MSCI Intl Quality Factor ETF Stock Up 1.2%

NYSEARCA IQLT opened at $51.67 on Friday. iShares MSCI Intl Quality Factor ETF has a 52 week low of $42.22 and a 52 week high of $51.77. The firm has a market capitalization of $14.24 billion, a price-to-earnings ratio of 18.86 and a beta of 0.82. The company has a fifty day moving average of $49.49 and a two-hundred day moving average of $48.54.

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.