iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 12-Month High at $177.02

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $177.02 and last traded at $173.92, with a volume of 1037783 shares traded. The stock had previously closed at $177.78.

iShares MSCI USA Quality Factor ETF Trading Down 0.6 %

The company has a market capitalization of $45.58 billion, a P/E ratio of 23.03 and a beta of 1.03. The company’s 50 day moving average is $172.28 and its 200-day moving average is $166.50.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Sanctuary Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $108,645,000. Creekside Partners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $223,000. Brown Financial Advisors bought a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at $3,644,000. Kestra Investment Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth about $77,463,000. Finally, Dana Investment Advisors Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 106.3% in the 2nd quarter. Dana Investment Advisors Inc. now owns 5,436 shares of the company’s stock worth $928,000 after purchasing an additional 2,801 shares in 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.