iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Reaches New 12-Month High – Should You Buy?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $45.38 and last traded at $45.3590, with a volume of 356670 shares changing hands. The stock had previously closed at $45.18.

iShares MSCI Intl Quality Factor ETF Trading Up 0.4%

The stock has a 50-day moving average price of $44.32 and a two-hundred day moving average price of $43.26. The stock has a market cap of $13.27 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stephens Inc. AR lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 7.7% during the first quarter. Stephens Inc. AR now owns 9,219 shares of the company’s stock worth $366,000 after buying an additional 663 shares during the period. Sigma Planning Corp grew its stake in iShares MSCI Intl Quality Factor ETF by 0.9% during the 1st quarter. Sigma Planning Corp now owns 66,277 shares of the company’s stock valued at $2,631,000 after purchasing an additional 602 shares during the last quarter. Sage Mountain Advisors LLC increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 3.9% in the first quarter. Sage Mountain Advisors LLC now owns 1,237,347 shares of the company’s stock valued at $49,110,000 after purchasing an additional 46,046 shares during the period. Larson Financial Group LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 655.9% in the first quarter. Larson Financial Group LLC now owns 36,689 shares of the company’s stock worth $1,456,000 after purchasing an additional 31,835 shares during the last quarter. Finally, Cable Hill Partners LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 11.8% in the first quarter. Cable Hill Partners LLC now owns 11,402 shares of the company’s stock worth $470,000 after purchasing an additional 1,202 shares during the last quarter.

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.