iShares MSCI USA Quality Factor ETF (BATS:QUAL) Hits New 12-Month High – What’s Next?

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s stock price reached a new 52-week high on Monday . The stock traded as high as $186.23 and last traded at $185.53, with a volume of 1079159 shares changing hands. The stock had previously closed at $186.46.

iShares MSCI USA Quality Factor ETF Price Performance

The company has a fifty day moving average price of $181.58 and a 200 day moving average price of $175.49. The company has a market cap of $48.96 billion, a PE ratio of 23.03 and a beta of 1.03.

Institutional Trading of iShares MSCI USA Quality Factor ETF

A number of hedge funds have recently made changes to their positions in QUAL. Halpern Financial Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $26,000. Barrett & Company Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd 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 approximately $27,000. Finally, Centennial Bank AR purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000.

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.