Monumental Financial Group Inc. Increases Stock Holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Monumental Financial Group Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,361 shares of the company’s stock after buying an additional 821 shares during the period. iShares MSCI Intl Quality Factor ETF comprises approximately 1.7% of Monumental Financial Group Inc.’s investment portfolio, making the stock its 13th largest holding. Monumental Financial Group Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $2,906,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MCF Advisors LLC acquired a new position in iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at $27,000. Anchor Investment Management LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth about $29,000. Headinvest LLC purchased a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $35,000. NewSquare Capital LLC purchased a new position in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at about $48,000. Finally, Modera Wealth Management LLC purchased a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $113,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT traded up $0.27 during midday trading on Friday, hitting $38.39. The company had a trading volume of 925,715 shares, compared to its average volume of 1,234,917. The company’s 50-day simple moving average is $38.97 and its 200-day simple moving average is $36.98. The firm has a market capitalization of $7.96 billion, a P/E ratio of 16.27 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a 1 year low of $32.28 and a 1 year high of $39.97.

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.