iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Large Decrease in Short Interest

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 271,487 shares, a decline of 58.6% from the December 15th total of 655,271 shares. Based on an average daily trading volume, of 1,974,057 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,974,057 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Purkiss Capital Advisors LLC grew its stake in iShares MSCI Intl Quality Factor ETF by 0.6% in the third quarter. Purkiss Capital Advisors LLC now owns 40,533 shares of the company’s stock worth $1,791,000 after purchasing an additional 229 shares during the period. IRON Financial LLC boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the 3rd quarter. IRON Financial LLC now owns 18,118 shares of the company’s stock valued at $801,000 after buying an additional 233 shares in the last quarter. Cherry Tree Wealth Management LLC grew its position in shares of iShares MSCI Intl Quality Factor ETF by 5.3% in the 3rd quarter. Cherry Tree Wealth Management LLC now owns 4,657 shares of the company’s stock worth $206,000 after buying an additional 233 shares during the period. Assetmark Inc. lifted its position in iShares MSCI Intl Quality Factor ETF by 2.2% during the 3rd quarter. Assetmark Inc. now owns 10,694 shares of the company’s stock valued at $473,000 after acquiring an additional 235 shares during the period. Finally, World Equity Group Inc. boosted its stake in iShares MSCI Intl Quality Factor ETF by 3.8% during the third quarter. World Equity Group Inc. now owns 6,739 shares of the company’s stock worth $298,000 after acquiring an additional 245 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT stock traded up $0.18 during trading on Friday, reaching $47.25. The company had a trading volume of 1,112,957 shares, compared to its average volume of 1,261,460. iShares MSCI Intl Quality Factor ETF has a 52 week low of $35.51 and a 52 week high of $47.27. The business has a 50 day moving average of $45.34 and a 200 day moving average of $44.21. The company has a market cap of $14.13 billion, a P/E ratio of 18.86 and a beta of 0.89.

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.