Schmidt P J Investment Management Inc. Increases Stock Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Schmidt P J Investment Management Inc. increased its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 3.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,470 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IQLT. Park Avenue Securities LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the first quarter valued at $622,000. International Assets Investment Management LLC grew its position in iShares MSCI Intl Quality Factor ETF by 15.2% during the first quarter. International Assets Investment Management LLC now owns 6,420 shares of the company’s stock valued at $254,000 after acquiring an additional 846 shares during the period. Kathmere Capital Management LLC grew its position in iShares MSCI Intl Quality Factor ETF by 3.3% during the first quarter. Kathmere Capital Management LLC now owns 364,480 shares of the company’s stock valued at $14,455,000 after acquiring an additional 11,484 shares during the period. Breakwater Capital Group lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 9.7% during the first quarter. Breakwater Capital Group now owns 149,099 shares of the company’s stock worth $5,913,000 after purchasing an additional 13,204 shares in the last quarter. Finally, RHS Financial LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the first quarter worth about $311,000.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of IQLT opened at $39.75 on Friday. The stock has a market cap of $8.22 billion, a PE ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 12 month low of $32.28 and a 12 month high of $41.93. The stock’s 50-day moving average is $40.59 and its two-hundred day moving average is $39.67.

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.