iShares MSCI USA Quality Factor ETF (BATS:QUAL) Hits New 1-Year High – What’s Next?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares reached a new 52-week high during trading on Monday . The company traded as high as $185.66 and last traded at $185.92, with a volume of 960998 shares traded. The stock had previously closed at $185.29.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

The business’s fifty day simple moving average is $180.84 and its 200 day simple moving average is $174.77. The stock has a market cap of $49.06 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

Institutional Trading of iShares MSCI USA Quality Factor ETF

A number of institutional investors have recently bought and sold shares of QUAL. FMR LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after buying an additional 999,735 shares during the period. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares during the period. Finally, Liberty Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares during the period.

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.