Armbruster Capital Management Inc. Raises Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Armbruster Capital Management Inc. lifted its stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 2.5% during the first quarter, HoldingsChannel.com reports. The firm owned 437,069 shares of the company’s stock after purchasing an additional 10,745 shares during the quarter. iShares MSCI Intl Quality Factor ETF makes up about 3.5% of Armbruster Capital Management Inc.’s portfolio, making the stock its 9th largest holding. Armbruster Capital Management Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $17,347,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 1.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 31,005,400 shares of the company’s stock worth $1,150,920,000 after purchasing an additional 481,105 shares in the last quarter. TIAA Trust National Association raised its holdings in iShares MSCI Intl Quality Factor ETF by 0.4% in the 4th quarter. TIAA Trust National Association now owns 6,099,166 shares of the company’s stock worth $226,401,000 after acquiring an additional 25,469 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares MSCI Intl Quality Factor ETF by 7.0% in the 4th quarter. JPMorgan Chase & Co. now owns 5,836,699 shares of the company’s stock worth $216,658,000 after acquiring an additional 379,922 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 4.4% in the 1st quarter. Capital Investment Advisors LLC now owns 4,897,053 shares of the company’s stock worth $194,364,000 after acquiring an additional 206,980 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in iShares MSCI Intl Quality Factor ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 3,938,589 shares of the company’s stock worth $146,200,000 after acquiring an additional 587,429 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Down 1.2%

Shares of NYSEARCA IQLT opened at $43.22 on Friday. iShares MSCI Intl Quality Factor ETF has a twelve month low of $35.51 and a twelve month high of $43.78. The firm has a market cap of $11.73 billion, a P/E ratio of 19.45 and a beta of 0.90. The company has a 50 day moving average of $41.52 and a 200 day moving average of $39.87.

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.