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

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $47.28 and last traded at $47.2950, with a volume of 605952 shares. The stock had previously closed at $47.09.

iShares MSCI Intl Quality Factor ETF Price Performance

The company has a market capitalization of $14.17 billion, a PE ratio of 18.86 and a beta of 0.89. The stock’s 50 day simple moving average is $45.50 and its 200-day simple moving average is $44.31.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Several hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI Intl Quality Factor ETF by 2.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 81,911 shares of the company’s stock worth $3,537,000 after acquiring an additional 1,866 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 207.4% during the second quarter. Farther Finance Advisors LLC now owns 12,851 shares of the company’s stock worth $555,000 after purchasing an additional 8,671 shares in the last quarter. Park Avenue Securities LLC increased its holdings in iShares MSCI Intl Quality Factor ETF by 59.7% in the second quarter. Park Avenue Securities LLC now owns 11,337 shares of the company’s stock valued at $490,000 after buying an additional 4,237 shares during the last quarter. GAMMA Investing LLC increased 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 last quarter. Finally, Genesis Wealth Advisors LLC raised its stake in iShares MSCI Intl Quality Factor ETF by 2.5% in the second quarter. Genesis Wealth Advisors LLC now owns 153,570 shares of the company’s stock valued at $6,637,000 after buying an additional 3,712 shares in the last quarter.

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.