QUAL Stock Summary and Trading Ideas (iShares MSCI USA Quality Factor ETF | BATS:QUAL)

The iShares MSCI USA Quality Factor ETF seeks to track the investment results of an index that measures the performance of U.S. large- and mid-capitalization stocks as identified through three fundamental variables return on equity, earnings variability and debt-to-equity.

iShares MSCI USA Quality Factor ETF trades on the BATS stock market under the symbol QUAL.

As of May 10, 2024, QUAL stock price climbed to $162.94 with 945,596 million shares trading.

QUAL has a beta of 1.03, meaning it tends to be more sensitive to market movements. QUAL has a correlation of 0.93 to the broad based SPY ETF.

QUAL has a market cap of $43.37 billion. This is considered a Large Cap stock.

In the last 3 years, QUAL stock traded as high as $166.24 and as low as $101.60.

QUAL has outperformed the market in the last year with a price return of +32.8% while the SPY ETF gained +28.4%. However, in the short term, QUAL had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.6% vs +4.2% return in SPY. But in the last 2 weeks, QUAL shares have fared better than the market returning +3.7% compared to SPY +3.4%.

QUAL support price is $160.84 and resistance is $163.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QUAL stock will trade within this expected range on the day.