iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $51.90 and last traded at $51.81, with a volume of 82248 shares trading hands. The stock had previously closed at $51.62.
iShares MSCI Intl Quality Factor ETF Stock Performance
The stock’s 50 day simple moving average is $49.55 and its two-hundred day simple moving average is $48.59. The firm has a market capitalization of $14.24 billion, a PE ratio of 18.86 and a beta of 0.82.
Institutional Investors Weigh In On iShares MSCI Intl Quality Factor ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its position in iShares MSCI Intl Quality Factor ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,312,118 shares of the company’s stock worth $2,513,936,000 after buying an additional 2,269,023 shares in the last quarter. Bank of America Corp DE grew its holdings in iShares MSCI Intl Quality Factor ETF by 19.6% in the 2nd quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after buying an additional 4,094,153 shares in the last quarter. Richard Bernstein Advisors LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 21.0% in the 4th quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock worth $579,508,000 after acquiring an additional 2,216,790 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 13.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock worth $402,190,000 after acquiring an additional 1,107,638 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 6.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,839,909 shares of the company’s stock worth $316,209,000 after acquiring an additional 395,337 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.
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