Focus Financial Network Inc. Has $282,000 Stock Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

Focus Financial Network Inc. decreased its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 97.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,697 shares of the company’s stock after selling 244,910 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $282,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI Intl Quality Factor ETF by 4.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,312,118 shares of the company’s stock valued at $2,513,936,000 after buying an additional 2,269,023 shares during the last quarter. Bank of America Corp DE lifted its position in iShares MSCI Intl Quality Factor ETF by 19.6% during 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 acquiring an additional 4,094,153 shares during the last quarter. Richard Bernstein Advisors LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 21.0% during the 4th quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock worth $579,508,000 after acquiring an additional 2,216,790 shares during the last quarter. Ameriprise Financial Inc. lifted its position in 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 worth $402,190,000 after acquiring an additional 1,107,638 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in iShares MSCI Intl Quality Factor ETF by 6.1% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,839,909 shares of the company’s stock valued at $316,209,000 after acquiring an additional 395,337 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of NYSEARCA:IQLT opened at $51.82 on Friday. The company has a market cap of $14.28 billion, a P/E ratio of 18.86 and a beta of 0.82. The stock’s 50-day moving average is $49.70 and its 200-day moving average is $48.68. iShares MSCI Intl Quality Factor ETF has a 52-week low of $42.47 and a 52-week high of $51.90.

About iShares MSCI Intl Quality Factor ETF

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.