iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Reaches New 1-Year High – Should You Buy?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLTGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $45.45 and last traded at $45.37, with a volume of 1762333 shares trading hands. The stock had previously closed at $44.92.

iShares MSCI Intl Quality Factor ETF Price Performance

The stock has a market cap of $13.28 billion, a P/E ratio of 18.86 and a beta of 0.89. The stock has a 50-day simple moving average of $44.65 and a 200-day simple moving average of $43.62.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Guerra Advisors Inc acquired a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth about $27,000. GAMMA Investing LLC lifted its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after buying an additional 588 shares during the period. Independence Bank of Kentucky bought a new stake in iShares MSCI Intl Quality Factor ETF during the second quarter valued at $41,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth about $42,000. Finally, Russell Investments Group Ltd. raised its position in shares of 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 worth $49,000 after acquiring 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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