iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Hits New 52-Week High – What’s Next?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLTGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $45.74 and last traded at $45.63, with a volume of 1481668 shares trading hands. The stock had previously closed at $45.32.

iShares MSCI Intl Quality Factor ETF Stock Performance

The firm has a market cap of $13.03 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. The company has a 50 day moving average price of $44.68 and a 200 day moving average price of $43.72.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Guerra Advisors Inc acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the third quarter valued at about $27,000. GAMMA Investing LLC increased its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% in the 2nd quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares during the last quarter. Independence Bank of Kentucky purchased a new stake in iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $41,000. Qube Research & Technologies Ltd purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at $42,000. Finally, Russell Investments Group Ltd. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after purchasing an additional 852 shares in the last quarter.

About iShares MSCI Intl Quality Factor ETF

(Get Free Report)

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.

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