iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 12-Month High – Time to Buy?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during trading on Tuesday . The company traded as high as $219.88 and last traded at $219.84, with a volume of 648554 shares. The stock had previously closed at $217.29.

iShares MSCI USA Quality Factor ETF Stock Performance

The firm has a 50-day moving average price of $212.29 and a 200-day moving average price of $204.34. The stock has a market cap of $63.75 billion, a PE ratio of 25.59 and a beta of 1.05.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advocate Investing Services LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $27,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $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.