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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during trading on Tuesday . The company traded as high as $179.91 and last traded at $182.51, with a volume of 1138168 shares trading hands. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Up 3.3 %

The business’s 50-day simple moving average is $181.80 and its 200 day simple moving average is $178.16. The firm has a market capitalization of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Consolidated Portfolio Review Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $296,000. Geneva Partners LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.5% in the fourth quarter. Geneva Partners LLC now owns 50,221 shares of the company’s stock worth $8,943,000 after purchasing an additional 1,721 shares during the last quarter. Beacon Financial Advisory LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.5% in the fourth quarter. Beacon Financial Advisory LLC now owns 20,465 shares of the company’s stock worth $3,644,000 after purchasing an additional 1,256 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 10.6% in the fourth quarter. Bleakley Financial Group LLC now owns 3,803 shares of the company’s stock worth $677,000 after purchasing an additional 363 shares during the last quarter. Finally, YANKCOM Partnership bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $1,068,000.

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.