iShares MSCI USA Quality Factor ETF (BATS:QUAL – Get Free Report) crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $223.35 and traded as high as $224.40. iShares MSCI USA Quality Factor ETF shares last traded at $223.55, with a volume of 684,360 shares traded.
iShares MSCI USA Quality Factor ETF Price Performance
The firm has a market cap of $64.69 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50-day simple moving average is $223.26 and its two-hundred day simple moving average is $212.35.
Shares of iShares MSCI USA Quality Factor ETF are going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.
Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF
Several hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares during the last quarter. Orgel Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after buying an additional 65,534 shares during the last quarter. Facet Wealth Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 11.3% during the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after buying an additional 334,234 shares during the last quarter. Royal Bank of Canada grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock valued at $340,861,000 after buying an additional 49,616 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock worth $301,918,000 after buying an additional 43,742 shares during the period.
iShares MSCI USA Quality Factor ETF Company Profile
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.
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