iShares MSCI USA Quality Factor ETF (BATS:QUAL – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 3,798,075 shares, a growth of 402.8% from the May 14th total of 755,400 shares. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,648,519 shares, the days-to-cover ratio is presently 0.8 days.
Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF
Several hedge funds have recently bought and sold shares of QUAL. Bank of America Corp DE raised its position in iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after purchasing an additional 2,357,971 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after buying an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares in the last quarter. Facet Wealth Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 9.9% in the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock worth $589,952,000 after acquiring an additional 259,414 shares during the period. Finally, Focus Partners Wealth raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after purchasing an additional 240,881 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Stock Performance
BATS QUAL opened at $215.90 on Friday. The business’s 50 day moving average price is $208.14 and its 200-day moving average price is $202.84. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $175.20 and a fifty-two week high of $217.65. The company has a market cap of $62.60 billion, a P/E ratio of 25.59 and a beta of 1.05.
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.
Featured Articles
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- Boeing’s Unseen Rebound: Why the Headlines Are Wrong
- Applied Digital Is Building a $36 Billion AI Real Estate Empire
- Why Oracle’s 10% Drop May Be Telling the Wrong Story
- Build On a Strong Earnings Season With These 3 ETFs
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-inc-logo-1200x675.png){kind=logo}
