iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 52-Week High – Here’s What Happened

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $184.85 and last traded at $184.32, with a volume of 1005499 shares traded. The stock had previously closed at $184.42.

iShares MSCI USA Quality Factor ETF Trading Down 0.2 %

The firm has a market capitalization of $48.46 billion, a PE ratio of 23.03 and a beta of 1.03. The business has a 50 day moving average price of $178.93 and a 200-day moving average price of $172.78.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Several hedge funds have recently bought and sold shares of the company. Townsquare Capital LLC increased its stake in iShares MSCI USA Quality Factor ETF by 12.2% in the 3rd quarter. Townsquare Capital LLC now owns 141,965 shares of the company’s stock valued at $25,454,000 after purchasing an additional 15,481 shares in the last quarter. Shum Financial Group Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $5,293,000. D.A. Davidson & CO. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the third quarter. D.A. Davidson & CO. now owns 477,920 shares of the company’s stock worth $85,691,000 after purchasing an additional 16,466 shares during the last quarter. FMR LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after purchasing an additional 1,160,410 shares during the last quarter. Finally, Elios Financial Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $1,788,000.

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.