iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Hits New 12-Month High – Still a Buy?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLTGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $49.28 and last traded at $49.06, with a volume of 2525323 shares trading hands. The stock had previously closed at $49.26.

iShares MSCI Intl Quality Factor ETF Stock Down 0.4%

The stock has a market capitalization of $13.36 billion, a PE ratio of 18.86 and a beta of 0.89. The stock has a fifty day moving average of $47.09 and a 200-day moving average of $45.20.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Several hedge funds have recently added to or reduced their stakes in IQLT. Wealthspire Retirement LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 2.7% in the 4th quarter. Wealthspire Retirement LLC now owns 271,620 shares of the company’s stock valued at $12,345,000 after purchasing an additional 7,241 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter worth about $881,000. Coastal Bridge Advisors LLC boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 30.5% during the 4th quarter. Coastal Bridge Advisors LLC now owns 386,109 shares of the company’s stock worth $17,549,000 after acquiring an additional 90,309 shares in the last quarter. Kastel Capital Advisors LLC purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at about $2,743,000. Finally, NewEdge Advisors LLC raised its position in shares of iShares MSCI Intl Quality Factor ETF by 9.2% during the 4th quarter. NewEdge Advisors LLC now owns 318,089 shares of the company’s stock worth $14,457,000 after acquiring an additional 26,720 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Company Profile

(Get Free Report)

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.

Further Reading

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