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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during trading on Tuesday . The stock traded as high as $219.88 and last traded at $219.84, with a volume of 648554 shares traded. The stock had previously closed at $217.29.

iShares MSCI USA Quality Factor ETF Stock Up 1.2%

The company has a market capitalization of $63.75 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average of $212.29 and a two-hundred day moving average of $204.34.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Advocate Investing Services LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $27,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.