iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw strong trading volume on Tuesday . 1,465,768 shares were traded during mid-day trading, a decline of 18% from the previous session’s volume of 1,790,452 shares.The stock last traded at $44.20 and had previously closed at $44.10.

iShares MSCI Intl Quality Factor ETF Stock Down 0.2%

The firm has a fifty day moving average of $43.07 and a 200-day moving average of $41.98. The stock has a market capitalization of $12.37 billion, a price-to-earnings ratio of 18.86 and a beta of 0.87.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Quantinno Capital Management LP purchased a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth approximately $399,000. Vermillion Wealth Management Inc. purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $55,000. American Trust purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $511,000. Ameriflex Group Inc. acquired a new position in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at $291,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in iShares MSCI Intl Quality Factor ETF by 5.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 12,589 shares of the company’s stock worth $467,000 after buying an additional 618 shares during the period.

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.