iShares MSCI USA Quality Factor ETF (BATS:QUAL) Hits New 1-Year High – Should You Buy?

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $179.91 and last traded at $182.70, with a volume of 1138168 shares changing hands. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Performance

The company has a market cap of $50.52 billion, a P/E ratio of 28.36 and a beta of 1.04. The stock has a 50 day moving average price of $181.73 and a 200 day moving average price of $180.34.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $25,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. BankPlus Trust Department acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $29,000.

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.