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

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)’s share price reached a new 52-week high on Monday . The stock traded as high as $51.97 and last traded at $52.18, with a volume of 2096 shares trading hands. The stock had previously closed at $51.83.

iShares MSCI Intl Quality Factor ETF Stock Up 0.7%

The stock has a market capitalization of $14.38 billion, a PE ratio of 18.86 and a beta of 0.82. The firm has a 50 day moving average price of $49.77 and a 200-day moving average price of $48.71.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its holdings in iShares MSCI Intl Quality Factor ETF by 312.1% in the second 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 last quarter. Baird Financial Group Inc. lifted its holdings in iShares MSCI Intl Quality Factor ETF by 13.1% in the 2nd quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock valued at $407,000 after purchasing an additional 1,086 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares MSCI Intl Quality Factor ETF during the second quarter worth about $42,000. Raymond James Financial Inc. grew its stake in iShares MSCI Intl Quality Factor ETF by 4.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock valued at $77,930,000 after acquiring an additional 83,154 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock worth $789,000 after purchasing an additional 311 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.