Envestnet Asset Management Inc. Sells 338,249 Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Envestnet Asset Management Inc. reduced its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,508,679 shares of the company’s stock after selling 338,249 shares during the period. Envestnet Asset Management Inc. owned 8.47% of iShares MSCI Intl Quality Factor ETF worth $649,922,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rovin Capital UT ADV grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 2.1% in the fourth quarter. Rovin Capital UT ADV now owns 15,612 shares of the company’s stock valued at $580,000 after buying an additional 316 shares in the last quarter. World Investment Advisors lifted its stake in iShares MSCI Intl Quality Factor ETF by 3.2% during the fourth quarter. World Investment Advisors now owns 10,412 shares of the company’s stock worth $386,000 after purchasing an additional 319 shares during the last quarter. Crescent Sterling Ltd. lifted its stake in iShares MSCI Intl Quality Factor ETF by 3.6% in the 4th quarter. Crescent Sterling Ltd. now owns 10,256 shares of the company’s stock valued at $381,000 after purchasing an additional 357 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 0.4% during the fourth quarter. Franklin Resources Inc. now owns 96,743 shares of the company’s stock worth $3,591,000 after purchasing an additional 359 shares during the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.5% in the fourth quarter. Harbour Investments Inc. now owns 24,986 shares of the company’s stock valued at $927,000 after buying an additional 380 shares during the period.

iShares MSCI Intl Quality Factor ETF Price Performance

NYSEARCA:IQLT opened at $36.93 on Friday. iShares MSCI Intl Quality Factor ETF has a one year low of $36.57 and a one year high of $41.93. The firm’s 50 day simple moving average is $39.92 and its 200 day simple moving average is $39.33. The company has a market cap of $8.16 billion, a PE ratio of 20.27 and a beta of 0.89.

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.