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

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $205.49 and last traded at $205.4020, with a volume of 1148440 shares traded. The stock had previously closed at $203.97.

iShares MSCI USA Quality Factor ETF Stock Performance

The firm has a market capitalization of $59.57 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average price of $201.94 and a 200-day moving average price of $196.49.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Hedge funds have recently modified their holdings of the business. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $25,000. Advocate Investing Services LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $27,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $28,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $30,000.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.