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

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) shares hit a new 52-week high on Wednesday . The stock traded as high as $50.15 and last traded at $49.87, with a volume of 1618480 shares traded. The stock had previously closed at $49.68.

iShares MSCI Intl Quality Factor ETF Stock Performance

The firm has a market cap of $13.67 billion, a PE ratio of 18.86 and a beta of 0.83. The stock has a 50 day simple moving average of $49.29 and a two-hundred day simple moving average of $48.34.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IQLT. Trust Co. of Toledo NA OH lifted its holdings in iShares MSCI Intl Quality Factor ETF by 436.9% in the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the period. Arax Advisory Partners acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $37,000. Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the 2nd 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 4th quarter valued at approximately $44,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during 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 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.