iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Large Volume Increase

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw an uptick in trading volume on Wednesday . 2,404,990 shares traded hands during trading, an increase of 117% from the previous session’s volume of 1,106,244 shares.The stock last traded at $39.08 and had previously closed at $39.36.

iShares MSCI Intl Quality Factor ETF Price Performance

The firm has a market cap of $8.07 billion, a PE ratio of 16.83 and a beta of 0.90. The firm has a 50-day simple moving average of $39.34 and a 200 day simple moving average of $38.51.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

Several large investors have recently modified their holdings of IQLT. Citigroup Inc. raised its position in iShares MSCI Intl Quality Factor ETF by 2.0% in the 3rd quarter. Citigroup Inc. now owns 17,173 shares of the company’s stock worth $577,000 after buying an additional 332 shares during the last quarter. FMR LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 36.7% during the 3rd quarter. FMR LLC now owns 912,126 shares of the company’s stock valued at $30,657,000 after acquiring an additional 245,076 shares during the period. Stifel Financial Corp lifted its stake in iShares MSCI Intl Quality Factor ETF by 10.6% during the 3rd quarter. Stifel Financial Corp now owns 337,970 shares of the company’s stock valued at $11,359,000 after acquiring an additional 32,459 shares during the period. KPP Advisory Services LLC bought a new position in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at about $322,000. Finally, JPMorgan Chase & Co. lifted its stake in iShares MSCI Intl Quality Factor ETF by 56.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,634,481 shares of the company’s stock valued at $323,820,000 after acquiring an additional 3,487,001 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.