Pinnacle Associates Ltd. Decreases Position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Pinnacle Associates Ltd. lessened its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 5.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,178 shares of the company’s stock after selling 357 shares during the period. Pinnacle Associates Ltd.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $256,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Gleason Group Inc. bought a new stake in iShares MSCI Intl Quality Factor ETF in the 2nd quarter worth about $35,000. CENTRAL TRUST Co purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $42,000. Rothschild Investment LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at approximately $83,000. O Shaughnessy Asset Management LLC lifted 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 valued at $135,000 after purchasing an additional 302 shares during the period. Finally, Blue Trust Inc. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 151.4% in the third quarter. Blue Trust Inc. now owns 4,324 shares of the company’s stock worth $169,000 after purchasing an additional 2,604 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.1 %

Shares of IQLT opened at $39.12 on Monday. The firm has a fifty day simple moving average of $40.47 and a two-hundred day simple moving average of $39.71. The firm has a market cap of $8.09 billion, a PE ratio of 16.83 and a beta of 0.90. iShares MSCI Intl Quality Factor ETF has a 1-year low of $33.70 and a 1-year high of $41.93.

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.