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

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

As of April 18, 2024, QUAL stock price declined to $156.87 with 1,598,848 million shares trading.

QUAL has a beta of 1.02, 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 $41.12 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 +26.8% while the SPY ETF gained +22.3%. QUAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +6.9% and -3.7%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

QUAL support price is $155.81 and resistance is $158.61 (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.