iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 52-Week High – What’s Next?

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $184.85 and last traded at $184.32, with a volume of 1005499 shares trading hands. The stock had previously closed at $184.42.

iShares MSCI USA Quality Factor ETF Trading Down 0.2 %

The stock has a market cap of $48.46 billion, a PE ratio of 23.03 and a beta of 1.03. The company has a fifty day moving average of $178.93 and a 200-day moving average of $172.78.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Signaturefd LLC raised its holdings in shares of 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 buying an additional 227 shares during the period. Provident Investment Management Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock valued at $1,903,000 after purchasing an additional 614 shares during the period. Annandale Capital LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after purchasing an additional 363 shares during the period. Calamos Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after purchasing an additional 365 shares during the period. Finally, Crestwood Advisors Group LLC lifted its position in iShares MSCI USA Quality Factor ETF by 103.2% during the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after acquiring an additional 11,711 shares during the period.

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.