iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Update

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 117,395 shares, a growth of 121.5% from the March 15th total of 52,992 shares. Based on an average daily trading volume, of 1,942,396 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA:IQLT traded up $0.36 on Monday, reaching $48.90. The company’s stock had a trading volume of 1,119,588 shares, compared to its average volume of 2,557,861. The stock’s 50-day moving average is $47.45 and its two-hundred day moving average is $46.10. iShares MSCI Intl Quality Factor ETF has a 52-week low of $38.97 and a 52-week high of $49.91. The stock has a market capitalization of $12.72 billion, a P/E ratio of 18.86 and a beta of 0.86.

Institutional Investors Weigh In On iShares MSCI Intl Quality Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IQLT. Chicago Partners Investment Group LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 0.5% during the fourth quarter. Chicago Partners Investment Group LLC now owns 48,517 shares of the company’s stock worth $2,302,000 after acquiring an additional 224 shares during the period. Purkiss Capital Advisors LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 0.6% during the third quarter. Purkiss Capital Advisors LLC now owns 40,533 shares of the company’s stock worth $1,791,000 after acquiring an additional 229 shares during the period. IRON Financial LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the third quarter. IRON Financial LLC now owns 18,118 shares of the company’s stock worth $801,000 after acquiring an additional 233 shares during the period. Cherry Tree Wealth Management LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 5.3% during the third quarter. Cherry Tree Wealth Management LLC now owns 4,657 shares of the company’s stock worth $206,000 after acquiring an additional 233 shares during the period. Finally, Assetmark Inc. increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 2.2% during the third quarter. Assetmark Inc. now owns 10,694 shares of the company’s stock worth $473,000 after acquiring an additional 235 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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.