iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 12-Month High at $175.62

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares hit a new 52-week high on Monday . The stock traded as high as $175.62 and last traded at $174.88, with a volume of 977746 shares. The stock had previously closed at $174.32.

iShares MSCI USA Quality Factor ETF Stock Performance

The firm’s 50 day moving average is $169.17 and its two-hundred day moving average is $161.34. The stock has a market capitalization of $45.71 billion, a PE ratio of 23.03 and a beta of 1.03.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

A number of large investors have recently modified their holdings of the company. Mattern Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.0% in the 2nd quarter. Mattern Wealth Management LLC now owns 9,346 shares of the company’s stock valued at $1,596,000 after purchasing an additional 97 shares during the last quarter. Galvin Gaustad & Stein LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $282,000. Sharkey Howes & Javer increased its position in shares of iShares MSCI USA Quality Factor ETF by 28.2% in the 2nd quarter. Sharkey Howes & Javer now owns 274,960 shares of the company’s stock valued at $46,952,000 after purchasing an additional 60,465 shares during the last quarter. Provident Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $344,000. Finally, Leavell Investment Management Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 13.5% in the 2nd quarter. Leavell Investment Management Inc. now owns 32,343 shares of the company’s stock valued at $5,523,000 after purchasing an additional 3,852 shares during the last quarter.

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.