Bank of New York Mellon Corp Purchases 169,378 Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Bank of New York Mellon Corp raised its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 12.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,554,508 shares of the company’s stock after buying an additional 169,378 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares MSCI Intl Quality Factor ETF were worth $60,704,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of IQLT. Family Asset Management LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter worth $574,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in iShares MSCI Intl Quality Factor ETF by 6.0% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,394,377 shares of the company’s stock valued at $89,933,000 after buying an additional 136,194 shares during the last quarter. Parallel Advisors LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 4.4% during the 4th quarter. Parallel Advisors LLC now owns 100,269 shares of the company’s stock worth $3,766,000 after buying an additional 4,264 shares in the last quarter. SageView Advisory Group LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 703.5% during the 4th quarter. SageView Advisory Group LLC now owns 56,371 shares of the company’s stock worth $2,119,000 after buying an additional 49,355 shares during the last quarter. Finally, Certified Advisory Corp bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at about $6,510,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT opened at $41.23 on Friday. The stock’s 50-day simple moving average is $39.48 and its 200 day simple moving average is $39.27. iShares MSCI Intl Quality Factor ETF has a 52-week low of $32.28 and a 52-week high of $41.39. The company has a market cap of $8.52 billion, a P/E ratio of 16.83 and a beta of 0.90.

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.