iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 52-Week High at $159.33

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

iShares MSCI USA Quality Factor ETF Price Performance

The stock has a market capitalization of $41.60 billion, a PE ratio of 23.32 and a beta of 1.04. The stock’s 50 day simple moving average is $160.95 and its two-hundred day simple moving average is $149.89.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bedel Financial Consulting Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock valued at $3,009,000 after acquiring an additional 65 shares during the period. Integrated Advisors Network LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock worth $1,110,000 after purchasing an additional 66 shares during the last quarter. NBC Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 27.2% in the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after purchasing an additional 66 shares during the last quarter. Carolinas Wealth Consulting LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock worth $349,000 after purchasing an additional 67 shares during the last quarter. Finally, JNBA Financial Advisors increased its position in shares of iShares MSCI USA Quality Factor ETF by 14.0% in the fourth quarter. JNBA Financial Advisors now owns 563 shares of the company’s stock worth $83,000 after purchasing an additional 69 shares during the last quarter.

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.