iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Break Above 50-Day Moving Average – What’s Next?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $223.26 and traded as high as $227.73. iShares MSCI USA Quality Factor ETF shares last traded at $227.02, with a volume of 1,139,569 shares.

iShares MSCI USA Quality Factor ETF Stock Performance

The stock has a market capitalization of $65.82 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50-day moving average is $223.26 and its two-hundred day moving average is $212.86.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in QUAL. Lido Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.3% during the third quarter. Lido Advisors LLC now owns 154,493 shares of the company’s stock valued at $34,335,000 after purchasing an additional 15,715 shares during the last quarter. Csenge Advisory Group lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.5% in the 3rd quarter. Csenge Advisory Group now owns 49,185 shares of the company’s stock worth $10,931,000 after purchasing an additional 1,191 shares during the last quarter. Gen Wealth Partners Inc lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 3rd quarter. Gen Wealth Partners Inc now owns 7,788 shares of the company’s stock worth $1,731,000 after purchasing an additional 99 shares during the last quarter. Pinion Investment Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF by 3.0% during the 3rd quarter. Pinion Investment Advisors LLC now owns 2,713 shares of the company’s stock valued at $603,000 after purchasing an additional 80 shares during the period. Finally, Gryphon Financial Partners LLC boosted its position in iShares MSCI USA Quality Factor ETF by 5.5% during the 3rd quarter. Gryphon Financial Partners LLC now owns 10,114 shares of the company’s stock valued at $2,248,000 after purchasing an additional 528 shares during the period.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.