iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 1-Year High at $177.02

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

iShares MSCI USA Quality Factor ETF Stock Down 0.6 %

The business has a fifty day moving average of $172.28 and a 200 day moving average of $166.50. The company has a market cap of $45.58 billion, a P/E ratio of 23.03 and a beta of 1.03.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in QUAL. MCF Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $37,000. Unique Wealth Strategies LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $37,000. Opal Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $41,000. City State Bank lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after purchasing an additional 141 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $48,000.

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.