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

Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) reached a new 52-week high on Friday . The company traded as high as $46.76 and last traded at $46.6710, with a volume of 82991 shares trading hands. The stock had previously closed at $46.32.

iShares MSCI Intl Quality Factor ETF Trading Up 1.0%

The business’s 50 day moving average is $45.02 and its 200 day moving average is $44.03. The stock has a market capitalization of $13.95 billion, a PE ratio of 18.86 and a beta of 0.89.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Baird Financial Group Inc. raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 3.9% in the first quarter. Baird Financial Group Inc. now owns 8,320 shares of the company’s stock worth $330,000 after buying an additional 309 shares during the period. Focus Partners Wealth grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 13.9% in the first quarter. Focus Partners Wealth now owns 153,053 shares of the company’s stock worth $6,075,000 after purchasing an additional 18,682 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in iShares MSCI Intl Quality Factor ETF by 15.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,871 shares of the company’s stock worth $392,000 after buying an additional 1,297 shares during the period. Rollins Financial Advisors LLC lifted its holdings in iShares MSCI Intl Quality Factor ETF by 4.0% during the 1st quarter. Rollins Financial Advisors LLC now owns 32,630 shares of the company’s stock valued at $1,295,000 after buying an additional 1,268 shares in the last quarter. Finally, Intrua Financial LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF in the 1st quarter valued at about $1,841,000.

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