Fluent Financial LLC Increases Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Fluent Financial LLC grew its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 1.9% in the third quarter, Holdings Channel reports. The firm owned 97,100 shares of the company’s stock after purchasing an additional 1,857 shares during the period. iShares MSCI Intl Quality Factor ETF comprises approximately 1.9% of Fluent Financial LLC’s holdings, making the stock its 19th biggest position. Fluent Financial LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $4,029,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IQLT. Cetera Investment Advisers boosted its stake in iShares MSCI Intl Quality Factor ETF by 2,614.1% during the first quarter. Cetera Investment Advisers now owns 1,979,794 shares of the company’s stock valued at $78,519,000 after buying an additional 1,906,850 shares during the period. Empowered Funds LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the first quarter worth about $51,756,000. Scarborough Advisors LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 421.6% in the fourth quarter. Scarborough Advisors LLC now owns 1,529,179 shares of the company’s stock worth $57,436,000 after purchasing an additional 1,236,032 shares during the last quarter. Adroit Compliance LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter worth approximately $27,240,000. Finally, AGF Management Ltd. raised its stake in iShares MSCI Intl Quality Factor ETF by 65.1% in the second quarter. AGF Management Ltd. now owns 937,043 shares of the company’s stock valued at $36,592,000 after purchasing an additional 369,525 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT stock traded up $0.16 during midday trading on Friday, reaching $40.94. The company had a trading volume of 513,338 shares, compared to its average volume of 1,024,789. The firm has a 50-day moving average price of $40.08 and a 200-day moving average price of $39.58. The company has a market capitalization of $8.46 billion, a P/E ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 1 year low of $32.28 and a 1 year high of $41.93.

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.