iShares MSCI USA Quality Factor ETF Stock Scheduled to Split on Thursday, November 5th (BATS:QUAL)

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s stock is scheduled to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

iShares MSCI USA Quality Factor ETF Stock Down 0.8%

Shares of BATS:QUAL opened at $222.82 on Friday. The company has a market capitalization of $64.61 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $228.13. The firm has a 50 day moving average of $223.28 and a 200 day moving average of $217.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares during the last quarter. Orgel Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after purchasing an additional 65,534 shares in the last quarter. Facet Wealth Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 11.3% in the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after purchasing an additional 334,234 shares during the last quarter. Royal Bank of Canada grew its stake in iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock valued at $340,861,000 after purchasing an additional 49,616 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock valued at $301,918,000 after purchasing an additional 43,742 shares during the last quarter.

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.