Short Interest in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Decreases By 39.9%

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 1,460,290 shares, a decrease of 39.9% from the April 30th total of 2,430,042 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 1,518,722 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

A number of large investors have recently modified their holdings of the company. IRON Financial LLC boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.2% during the first quarter. IRON Financial LLC now owns 17,668 shares of the company’s stock worth $817,000 after purchasing an additional 215 shares during the period. Chicago Partners Investment Group LLC increased its holdings in iShares MSCI Intl Quality Factor ETF by 0.5% during the 4th quarter. Chicago Partners Investment Group LLC now owns 48,517 shares of the company’s stock valued at $2,302,000 after purchasing an additional 224 shares during the period. Cherry Tree Wealth Management LLC raised its position in iShares MSCI Intl Quality Factor ETF by 5.3% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 4,657 shares of the company’s stock valued at $206,000 after purchasing an additional 233 shares during the last quarter. Assetmark Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 2.2% during the 3rd quarter. Assetmark Inc. now owns 10,694 shares of the company’s stock valued at $473,000 after purchasing an additional 235 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in iShares MSCI Intl Quality Factor ETF by 1.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 19,104 shares of the company’s stock worth $883,000 after buying an additional 250 shares during the period.

iShares MSCI Intl Quality Factor ETF Trading Up 1.0%

iShares MSCI Intl Quality Factor ETF stock traded up $0.48 during midday trading on Thursday, reaching $49.36. The stock had a trading volume of 364,936 shares, compared to its average volume of 2,093,784. The company has a fifty day moving average price of $48.36 and a two-hundred day moving average price of $47.19. iShares MSCI Intl Quality Factor ETF has a 12 month low of $41.20 and a 12 month high of $50.00. The company has a market capitalization of $13.01 billion, a P/E ratio of 18.86 and a beta of 0.84.

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.