Savant Capital LLC Invests $9.66 Million in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Savant Capital LLC purchased a new position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 260,221 shares of the company’s stock, valued at approximately $9,659,000.

Other institutional investors have also recently made changes to their positions in the company. Avior Wealth Management LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 85.7% in the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock worth $35,000 after acquiring an additional 431 shares during the last quarter. CENTRAL TRUST Co acquired a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth $42,000. JDM Financial Group LLC acquired a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth $52,000. Fifth Third Bancorp boosted its stake in iShares MSCI Intl Quality Factor ETF by 145.7% during the fourth quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after buying an additional 934 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in iShares MSCI Intl Quality Factor ETF by 287.8% during the third quarter. Farther Finance Advisors LLC now owns 2,788 shares of the company’s stock worth $116,000 after buying an additional 2,069 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT opened at $39.38 on Tuesday. The stock’s fifty day moving average is $38.23 and its two-hundred day moving average is $39.20. The firm has a market capitalization of $8.14 billion, a P/E ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $36.57 and a fifty-two week 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.