iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 1-Year High at $161.70

iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $161.70 and last traded at $158.21, with a volume of 1304089 shares. The stock had previously closed at $160.15.

iShares MSCI USA Quality Factor ETF Price Performance

The stock’s fifty day simple moving average is $160.95 and its 200-day simple moving average is $148.54. The firm has a market cap of $41.13 billion, a PE ratio of 23.32 and a beta of 1.04.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Baystate Wealth Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.2% in the fourth quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock valued at $24,914,000 after buying an additional 1,997 shares in the last quarter. Western Wealth Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 6.8% in the third quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock valued at $4,508,000 after buying an additional 2,163 shares in the last quarter. Day & Ennis LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.2% in the fourth quarter. Day & Ennis LLC now owns 75,901 shares of the company’s stock valued at $11,168,000 after buying an additional 898 shares in the last quarter. MA Private Wealth increased its holdings in iShares MSCI USA Quality Factor ETF by 50.6% in the fourth quarter. MA Private Wealth now owns 272,596 shares of the company’s stock valued at $40,110,000 after buying an additional 91,571 shares in the last quarter. Finally, US Bancorp DE grew its position in shares of iShares MSCI USA Quality Factor ETF by 22.9% in the third quarter. US Bancorp DE now owns 480,752 shares of the company’s stock valued at $63,358,000 after purchasing an additional 89,648 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.