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

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s share price reached a new 52-week high on Monday . The stock traded as high as $179.91 and last traded at $184.07, with a volume of 1138168 shares traded. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Up 4.1 %

The stock has a market cap of $48.54 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a 50-day simple moving average of $181.94 and a two-hundred day simple moving average of $178.84.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of QUAL. Signaturefd LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares during the period. CreativeOne Wealth LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after purchasing an additional 76,472 shares in the last quarter. Midwest Heritage Bank FSB lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the 3rd quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after purchasing an additional 199 shares during the period. Armstrong Advisory Group Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 28.3% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock valued at $120,000 after purchasing an additional 148 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.4% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock valued at $7,243,000 after purchasing an additional 2,768 shares in the last quarter.

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.