iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 1-Year High – Here’s What Happened

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $218.97 and last traded at $218.70, with a volume of 65790 shares trading hands. The stock had previously closed at $216.91.

iShares MSCI USA Quality Factor ETF Stock Performance

The business’s 50 day moving average is $208.62 and its 200-day moving average is $203.01. The firm has a market capitalization of $63.68 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Advocate Investing Services LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $28,000. Finally, Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $30,000.

About iShares MSCI USA Quality Factor ETF

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.