iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Reaches New 52-Week High – Here’s What Happened

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $44.20 and last traded at $44.10, with a volume of 1908671 shares. The stock had previously closed at $44.20.

iShares MSCI Intl Quality Factor ETF Stock Performance

The stock has a market cap of $12.40 billion, a PE ratio of 18.86 and a beta of 0.87. The stock’s 50-day moving average is $43.03 and its two-hundred day moving average is $41.91.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

A number of hedge funds have recently made changes to their positions in the stock. Nwam LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 4.2% during the 2nd quarter. Nwam LLC now owns 6,217 shares of the company’s stock worth $262,000 after purchasing an additional 248 shares during the period. Baird Financial Group Inc. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 3.9% during the 1st quarter. Baird Financial Group Inc. now owns 8,320 shares of the company’s stock worth $330,000 after purchasing an additional 309 shares during the period. Ausdal Financial Partners Inc. boosted its position 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 purchasing an additional 311 shares during the period. Chicago Partners Investment Group LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 0.7% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 48,293 shares of the company’s stock worth $2,116,000 after purchasing an additional 318 shares during the period. Finally, US Bancorp DE boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 3.0% during the 1st quarter. US Bancorp DE now owns 10,809 shares of the company’s stock worth $429,000 after purchasing an additional 319 shares during the period.

About iShares MSCI Intl Quality Factor ETF

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.