iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 12-Month High at $179.64

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high on Monday . The stock traded as high as $179.64 and last traded at $179.19, with a volume of 1017161 shares trading hands. The stock had previously closed at $178.69.

iShares MSCI USA Quality Factor ETF Stock Up 0.3 %

The company has a 50-day simple moving average of $173.50 and a two-hundred day simple moving average of $168.45. The stock has a market cap of $47.29 billion, a P/E ratio of 23.03 and a beta of 1.03.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Aveo Capital Partners LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 93.9% in the fourth quarter. Aveo Capital Partners LLC now owns 4,785 shares of the company’s stock worth $704,000 after acquiring an additional 2,317 shares during the last quarter. 9258 Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the fourth quarter. 9258 Wealth Management LLC now owns 12,033 shares of the company’s stock valued at $1,771,000 after buying an additional 289 shares during the last quarter. Rollins Financial boosted its position in shares of iShares MSCI USA Quality Factor ETF by 26.3% during the fourth quarter. Rollins Financial now owns 22,116 shares of the company’s stock valued at $3,254,000 after buying an additional 4,612 shares during the last quarter. Certus Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 6.5% during the fourth quarter. Certus Wealth Management LLC now owns 33,998 shares of the company’s stock valued at $5,002,000 after buying an additional 2,066 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 115.5% in the fourth quarter. Hsbc Holdings PLC now owns 93,988 shares of the company’s stock valued at $13,829,000 after acquiring an additional 50,383 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.