iShares MSCI USA Quality Factor ETF (BATS:QUAL – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 256,776 shares, a drop of 57.3% from the June 30th total of 601,912 shares. Based on an average trading volume of 1,245,177 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.
iShares MSCI USA Quality Factor ETF Price Performance
BATS:QUAL opened at $216.81 on Monday. The company has a market cap of $62.86 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.65 and a fifty-two week high of $221.16. The firm’s 50 day moving average is $216.10 and its two-hundred day moving average is $206.85.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $30,000.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
Featured Stories
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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.
