iShares MSCI USA Quality Factor ETF (BATS:QUAL) Hits New 12-Month High – Here’s What Happened

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares hit a new 52-week high during trading on Monday . The company traded as high as $179.91 and last traded at $182.70, with a volume of 1138168 shares changing hands. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Performance

The stock has a fifty day simple moving average of $181.78 and a two-hundred day simple moving average of $180.14. The stock has a market capitalization of $48.16 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

A number of hedge funds have recently added to or reduced their stakes in QUAL. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. Barrett & Company Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Finally, BankPlus Trust Department acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000.

iShares MSCI USA Quality Factor ETF Company Profile

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.