iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Large Volume Increase – Should You Buy?

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) shares saw unusually-high trading volume on Thursday . Approximately 5,056,465 shares traded hands during trading, an increase of 294% from the previous session’s volume of 1,283,353 shares.The stock last traded at $39.54 and had previously closed at $39.33.

iShares MSCI Intl Quality Factor ETF Price Performance

The business’s fifty day simple moving average is $38.21 and its two-hundred day simple moving average is $39.19. The company has a market cap of $8.16 billion, a PE ratio of 16.83 and a beta of 0.90.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Several institutional investors have recently bought and sold shares of IQLT. Avior Wealth Management LLC raised its position in iShares MSCI Intl Quality Factor ETF by 85.7% during the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock worth $35,000 after acquiring an additional 431 shares during the period. CENTRAL TRUST Co acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter worth about $42,000. JDM Financial Group LLC purchased a new position in iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at about $52,000. Fifth Third Bancorp boosted its holdings in iShares MSCI Intl Quality Factor ETF by 145.7% in the 4th quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after buying an additional 934 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in iShares MSCI Intl Quality Factor ETF by 287.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,788 shares of the company’s stock worth $116,000 after buying an additional 2,069 shares in 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.