Valence8 US LP Invests $27.01 Million in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Valence8 US LP purchased a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 719,060 shares of the company’s stock, valued at approximately $27,008,000. iShares MSCI Intl Quality Factor ETF comprises about 15.8% of Valence8 US LP’s portfolio, making the stock its 3rd largest position. Valence8 US LP owned 0.39% of iShares MSCI Intl Quality Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of IQLT. MCF Advisors LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF in the third quarter worth about $27,000. Anchor Investment Management LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at about $29,000. Headinvest LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $35,000. NewSquare Capital LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at about $48,000. Finally, Ronald Blue Trust Inc. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 213.7% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,986 shares of the company’s stock valued at $71,000 after purchasing an additional 1,353 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of NYSEARCA:IQLT traded up $0.45 during trading hours on Tuesday, hitting $38.46. 870,686 shares of the company’s stock traded hands, compared to its average volume of 1,232,423. iShares MSCI Intl Quality Factor ETF has a 52 week low of $32.28 and a 52 week high of $39.97. The company’s fifty day simple moving average is $38.93 and its two-hundred day simple moving average is $36.88. The company has a market cap of $7.97 billion, a price-to-earnings ratio of 16.70 and a beta of 0.87.

iShares MSCI Intl Quality Factor ETF Company 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.