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

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)’s share price hit a new 52-week low on Monday . The stock traded as low as $35.51 and last traded at $35.55, with a volume of 55156 shares traded. The stock had previously closed at $36.93.

iShares MSCI Intl Quality Factor ETF Stock Down 2.6 %

The company has a market capitalization of $7.95 billion, a PE ratio of 20.27 and a beta of 0.89. The firm has a 50-day moving average of $39.92 and a two-hundred day moving average of $39.32.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter valued at about $61,044,000. Wells Fargo & Company MN boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 694.2% during the 4th quarter. Wells Fargo & Company MN now owns 788,617 shares of the company’s stock worth $29,273,000 after purchasing an additional 689,315 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares MSCI Intl Quality Factor ETF by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,456,777 shares of the company’s stock valued at $226,402,000 after purchasing an additional 589,511 shares during the last quarter. LPL Financial LLC raised its position in iShares MSCI Intl Quality Factor ETF by 17.5% in the fourth quarter. LPL Financial LLC now owns 3,938,589 shares of the company’s stock valued at $146,200,000 after purchasing an additional 587,429 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in iShares MSCI Intl Quality Factor ETF by 1.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 31,005,400 shares of the company’s stock worth $1,150,920,000 after purchasing an additional 481,105 shares in 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.