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

Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLTGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $52.95 and last traded at $52.95, with a volume of 847 shares. The stock had previously closed at $52.06.

iShares MSCI Intl Quality Factor ETF Trading Up 1.7%

The stock has a market cap of $14.59 billion, a price-to-earnings ratio of 18.86 and a beta of 0.82. The company’s fifty day moving average is $50.03 and its two-hundred day moving average is $48.84.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

Several hedge funds have recently bought and sold shares of IQLT. Arax Advisory Partners purchased a new stake in iShares MSCI Intl Quality Factor ETF during the fourth quarter worth about $37,000. Qube Research & Technologies Ltd acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $42,000. Lloyd Advisory Services LLC. purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth approximately $44,000. Russell Investments Group Ltd. raised its position in iShares MSCI Intl Quality Factor ETF by 312.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at about $51,000.

iShares MSCI Intl Quality Factor ETF Company Profile

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

Further Reading

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