iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Set to Split on Thursday, November 5th

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) are going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $222.49 on Friday. The company has a 50-day simple moving average of $223.27 and a 200-day simple moving average of $212.55. iShares MSCI USA Quality Factor ETF has a one year low of $185.88 and a one year high of $228.13. The stock has a market capitalization of $64.51 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Watershed Private Wealth LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 9.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 14,716 shares of the company’s stock valued at $3,271,000 after acquiring an additional 1,252 shares during the last quarter. Integrity Advisory Solutions LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 8.7% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 15,143 shares of the company’s stock worth $3,366,000 after purchasing an additional 1,212 shares during the last quarter. Summa Corp. increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the 3rd quarter. Summa Corp. now owns 28,850 shares of the company’s stock worth $6,412,000 after purchasing an additional 550 shares during the last quarter. Moneywise Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 358.3% in the 3rd quarter. Moneywise Inc. now owns 4,400 shares of the company’s stock valued at $978,000 after purchasing an additional 3,440 shares in the last quarter. Finally, Garde Capital Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 42.5% in the 3rd quarter. Garde Capital Inc. now owns 1,930 shares of the company’s stock valued at $429,000 after purchasing an additional 576 shares in the last quarter.

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.