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

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $184.83 and last traded at $183.95, with a volume of 1977002 shares trading hands. The stock had previously closed at $183.96.

iShares MSCI USA Quality Factor ETF Trading Down 0.0 %

The stock has a market cap of $48.54 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company’s fifty day moving average is $182.22 and its two-hundred day moving average is $176.15.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of QUAL. Halpern Financial Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $26,000. Barrett & Company Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. Voisard Asset Management Group Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. OLD Second National Bank of Aurora bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $27,000. Finally, Centennial Bank AR bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $29,000.

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.