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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during trading on Thursday . The stock traded as high as $179.91 and last traded at $179.77, with a volume of 1138168 shares changing hands. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Price Performance

The firm has a market capitalization of $47.68 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average is $181.78 and its two-hundred day moving average is $177.74.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of QUAL. Signaturefd LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after purchasing an additional 227 shares during the last quarter. Annandale Capital LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after buying an additional 363 shares during the last quarter. AlTi Global Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the 2nd quarter. AlTi Global Inc. now owns 30,297 shares of the company’s stock worth $5,174,000 after acquiring an additional 947 shares during the period. CreativeOne Wealth LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 43.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after acquiring an additional 76,472 shares during the last quarter. Finally, Mattson Financial Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $2,135,000.

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.