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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $181.30 and last traded at $179.96, with a volume of 959344 shares trading hands. The stock had previously closed at $179.56.

iShares MSCI USA Quality Factor ETF Trading Up 0.2 %

The firm has a market capitalization of $47.50 billion, a P/E ratio of 23.03 and a beta of 1.03. The business has a 50 day moving average of $179.50 and a 200-day moving average of $173.30.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Halpern Financial Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $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.