iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sets New 12-Month High – Here’s What Happened

Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) hit a new 52-week high during trading on Monday . The company traded as high as $42.39 and last traded at $42.38, with a volume of 1273929 shares trading hands. The stock had previously closed at $42.32.

iShares MSCI Intl Quality Factor ETF Stock Performance

The company has a fifty day moving average price of $40.31 and a two-hundred day moving average price of $39.31. The company has a market cap of $10.81 billion, a P/E ratio of 19.90 and a beta of 0.90.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

Several hedge funds have recently made changes to their positions in the business. Richard Bernstein Advisors LLC raised its stake in iShares MSCI Intl Quality Factor ETF by 211.9% in the 1st quarter. Richard Bernstein Advisors LLC now owns 7,000,632 shares of the company’s stock valued at $277,855,000 after purchasing an additional 4,755,842 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares MSCI Intl Quality Factor ETF by 43.1% during the 1st quarter. Ameriprise Financial Inc. now owns 8,193,685 shares of the company’s stock valued at $325,696,000 after acquiring an additional 2,469,718 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter valued at approximately $61,044,000. Eastern Bank lifted its stake in iShares MSCI Intl Quality Factor ETF by 146.9% in the 1st quarter. Eastern Bank now owns 2,099,915 shares of the company’s stock worth $83,346,000 after acquiring an additional 1,249,516 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares MSCI Intl Quality Factor ETF by 6.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 18,574,254 shares of the company’s stock valued at $737,212,000 after purchasing an additional 1,065,575 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.