iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 1-Year High – Time to Buy?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high on Wednesday . The company traded as high as $216.22 and last traded at $215.79, with a volume of 806217 shares changing hands. The stock had previously closed at $214.38.

iShares MSCI USA Quality Factor ETF Stock Up 0.3%

The business has a fifty day simple moving average of $203.49 and a two-hundred day simple moving average of $201.33. The company has a market capitalization of $62.59 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Institutional investors have recently added to or reduced their stakes in the stock. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $25,000. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $28,000. Finally, Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000.

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.