iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw an uptick in trading volume on Wednesday . 9,284,275 shares changed hands during mid-day trading, an increase of 653% from the previous session’s volume of 1,232,814 shares.The stock last traded at $47.9750 and had previously closed at $48.39.

iShares MSCI Intl Quality Factor ETF Stock Down 1.4%

The company has a 50-day moving average of $45.97 and a 200-day moving average of $44.51. The company has a market cap of $14.24 billion, a PE ratio of 18.86 and a beta of 0.89.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Institutional investors have recently made changes to their positions in the company. Trust Co. of Toledo NA OH lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 436.9% during the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares in the last quarter. Guerra Advisors Inc bought a new stake in shares of iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $27,000. GAMMA Investing LLC grew its position in shares of 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 purchasing an additional 588 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at about $42,000. Finally, Russell Investments Group Ltd. boosted its holdings in 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 valued at $49,000 after purchasing an additional 852 shares during the period.

iShares MSCI Intl Quality Factor ETF Company Profile

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.