iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 12-Month High at $159.33

iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $159.33 and last traded at $159.01, with a volume of 894970 shares changing hands. The stock had previously closed at $159.05.

iShares MSCI USA Quality Factor ETF Stock Performance

The stock has a market capitalization of $41.60 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. The business has a 50-day moving average of $160.95 and a 200-day moving average of $149.89.

Institutional Trading of iShares MSCI USA Quality Factor ETF

A number of large investors have recently made changes to their positions in the company. RWA Wealth Partners LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $42,565,000. American Capital Advisory LLC increased its stake in iShares MSCI USA Quality Factor ETF by 208.0% in the 1st quarter. American Capital Advisory LLC now owns 3,219 shares of the company’s stock valued at $529,000 after purchasing an additional 2,174 shares in the last quarter. Crescent Grove Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 30.8% during the first quarter. Crescent Grove Advisors LLC now owns 24,367 shares of the company’s stock worth $4,005,000 after buying an additional 5,734 shares in the last quarter. Kellett Wealth Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 34.8% during the first quarter. Kellett Wealth Advisors LLC now owns 5,417 shares of the company’s stock worth $890,000 after buying an additional 1,397 shares in the last quarter. Finally, Pinnacle Associates Ltd. increased its position in iShares MSCI USA Quality Factor ETF by 1.9% during the first quarter. Pinnacle Associates Ltd. now owns 382,309 shares of the company’s stock worth $62,833,000 after buying an additional 7,205 shares in the last quarter.

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.