iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 52-Week High – Should You Buy?

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during trading on Thursday . The stock traded as high as $220.95 and last traded at $220.77, with a volume of 66770 shares trading hands. The stock had previously closed at $219.80.

iShares MSCI USA Quality Factor ETF Stock Performance

The business’s fifty day moving average price is $215.12 and its two-hundred day moving average price is $205.97. The stock has a market capitalization of $64.05 billion, a P/E ratio of 25.59 and a beta of 1.05.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $27,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $30,000. Finally, Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $30,000.

About iShares MSCI USA Quality Factor ETF

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.