Magnolia Private Wealth LLC Sells 338 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Magnolia Private Wealth LLC trimmed its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,863 shares of the company’s stock after selling 338 shares during the quarter. iShares MSCI Intl Quality Factor ETF accounts for about 1.7% of Magnolia Private Wealth LLC’s portfolio, making the stock its 17th largest position. Magnolia Private Wealth LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,242,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IQLT. Cornerstone Planning Group LLC bought a new stake in iShares MSCI Intl Quality Factor ETF during the 1st quarter worth approximately $25,000. Garde Capital Inc. bought a new stake in iShares MSCI Intl Quality Factor ETF during the 1st quarter worth approximately $34,000. GAMMA Investing LLC grew its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% during the 2nd quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after acquiring an additional 588 shares during the last quarter. Independence Bank of Kentucky bought a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth approximately $41,000. Finally, Arlington Trust Co LLC bought a new stake in iShares MSCI Intl Quality Factor ETF during the 1st quarter worth approximately $58,000.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT opened at $44.19 on Wednesday. The firm has a market capitalization of $12.42 billion, a price-to-earnings ratio of 18.86 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $44.27. The company’s 50 day moving average price is $43.20 and its two-hundred day moving average price is $42.12.

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.