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

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $205.85 and last traded at $205.68, with a volume of 53789 shares changing hands. The stock had previously closed at $204.32.

iShares MSCI USA Quality Factor ETF Trading Up 1.3%

The business has a fifty day moving average of $198.98 and a 200 day moving average of $198.52. The company has a market capitalization of $60.00 billion, a PE ratio of 25.59 and a beta of 1.05.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Hedge funds have recently bought and sold shares of the stock. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $25,000. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $28,000. Finally, Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $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.