Schmidt P J Investment Management Inc. Sells 320 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Schmidt P J Investment Management Inc. cut its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 64,445 shares of the company’s stock after selling 320 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,785,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the first quarter valued at about $25,000. GAMMA Investing LLC lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares in the last quarter. Independence Bank of Kentucky bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at about $41,000. Arlington Trust Co LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the first quarter valued at about $58,000. Finally, CWM LLC lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 26.7% in the second quarter. CWM LLC now owns 1,643 shares of the company’s stock valued at $71,000 after purchasing an additional 346 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of iShares MSCI Intl Quality Factor ETF stock opened at $45.07 on Monday. The firm has a market cap of $12.71 billion, a price-to-earnings ratio of 18.86 and a beta of 0.87. The stock’s 50-day moving average is $43.98 and its 200-day moving average is $42.81. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $45.38.

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.