iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sets New 12-Month High – Here’s What Happened

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $50.15 and last traded at $49.87, with a volume of 1618480 shares. The stock had previously closed at $49.68.

iShares MSCI Intl Quality Factor ETF Trading Up 2.2%

The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. The company’s 50 day moving average is $49.32 and its 200-day moving average is $48.39.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after acquiring an additional 852 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 13.1% in the second quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock valued at $407,000 after purchasing an additional 1,086 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at about $42,000. Raymond James Financial Inc. raised its position in shares of iShares MSCI Intl Quality Factor ETF by 4.8% in the second quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock valued at $77,930,000 after purchasing an additional 83,154 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock worth $789,000 after buying an additional 311 shares during the last quarter.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.