Bank of Marin Reduces Stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Bank of Marin decreased its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 8.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 7,367 shares of the company’s stock after selling 658 shares during the period. Bank of Marin’s holdings in iShares MSCI Intl Quality Factor ETF were worth $306,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IQLT. QRG Capital Management Inc. purchased a new position in iShares MSCI Intl Quality Factor ETF during the 1st quarter valued at about $469,000. US Bancorp DE raised its position in shares of iShares MSCI Intl Quality Factor ETF by 144.4% during the 1st quarter. US Bancorp DE now owns 12,622 shares of the company’s stock worth $501,000 after purchasing an additional 7,458 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in iShares MSCI Intl Quality Factor ETF by 9.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,405 shares of the company’s stock worth $135,000 after buying an additional 302 shares in the last quarter. Freestone Capital Holdings LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the first quarter worth $273,000. Finally, Linscomb Wealth Inc. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 3.2% in the first quarter. Linscomb Wealth Inc. now owns 133,092 shares of the company’s stock valued at $5,278,000 after acquiring an additional 4,169 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

NYSEARCA:IQLT traded down $0.19 on Friday, reaching $37.95. The stock had a trading volume of 59,720 shares, compared to its average volume of 984,895. The firm’s fifty day moving average is $40.11 and its two-hundred day moving average is $39.74. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 12-month low of $34.90 and a 12-month 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.