iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 52-Week High at $173.85

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during trading on Monday . The company traded as high as $173.85 and last traded at $173.16, with a volume of 779669 shares. The stock had previously closed at $173.41.

iShares MSCI USA Quality Factor ETF Stock Performance

The firm has a market capitalization of $46.09 billion, a PE ratio of 23.03 and a beta of 1.03. The stock’s 50-day simple moving average is $167.99 and its 200-day simple moving average is $160.47.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its position in iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock worth $3,936,223,000 after purchasing an additional 744,380 shares during the period. UBS Group AG increased its holdings in iShares MSCI USA Quality Factor ETF by 4.9% in the 4th quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock worth $629,175,000 after acquiring an additional 200,655 shares in the last quarter. Wells Fargo & Company MN raised its stake in iShares MSCI USA Quality Factor ETF by 30.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after acquiring an additional 897,256 shares during the period. M&T Bank Corp lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock valued at $539,416,000 after purchasing an additional 59,771 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 4.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 2,934,135 shares of the company’s stock worth $482,225,000 after buying an additional 117,940 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.