iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Down 65.2% in August

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 768,139 shares, a decline of 65.2% from the August 15th total of 2,206,169 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 1,102,523 shares, the short-interest ratio is currently 0.7 days.

iShares MSCI Intl Quality Factor ETF Trading Down 0.6%

iShares MSCI Intl Quality Factor ETF stock traded down $0.32 during trading on Monday, hitting $50.16. 1,459,567 shares of the company were exchanged, compared to its average volume of 1,838,295. The company has a market capitalization of $13.82 billion, a P/E ratio of 18.86 and a beta of 0.83. The business’s 50 day moving average is $50.69 and its 200 day moving average is $49.15. iShares MSCI Intl Quality Factor ETF has a 52 week low of $43.17 and a 52 week high of $52.36.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

Hedge funds have recently modified their holdings of the company. Capital Analysts LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 3.4% in the 2nd quarter. Capital Analysts LLC now owns 72,907 shares of the company’s stock worth $3,612,000 after buying an additional 2,404 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 6.4% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,147 shares of the company’s stock valued at $255,000 after acquiring an additional 310 shares during the last quarter. NorthRock Partners LLC lifted its holdings in iShares MSCI Intl Quality Factor ETF by 21.4% during the second quarter. NorthRock Partners LLC now owns 14,689 shares of the company’s stock worth $728,000 after acquiring an additional 2,591 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in iShares MSCI Intl Quality Factor ETF by 10.1% during the second quarter. Integrated Wealth Concepts LLC now owns 36,234 shares of the company’s stock worth $1,795,000 after acquiring an additional 3,332 shares during the period. Finally, RFG Advisory LLC boosted its position in iShares MSCI Intl Quality Factor ETF by 2.1% in the second quarter. RFG Advisory LLC now owns 49,073 shares of the company’s stock worth $2,432,000 after purchasing an additional 994 shares during 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.