iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 1-Year High – Time to Buy?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares hit a new 52-week high during trading on Monday . The stock traded as high as $179.91 and last traded at $182.70, 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 firm has a market capitalization of $48.16 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm has a 50 day moving average of $181.78 and a two-hundred day moving average of $180.14.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Hedge funds have recently modified their holdings of the business. United Advisor Group LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the 4th quarter. United Advisor Group LLC now owns 18,060 shares of the company’s stock worth $3,216,000 after buying an additional 129 shares during the period. Ascent Group LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.1% in the fourth quarter. Ascent Group LLC now owns 88,446 shares of the company’s stock worth $15,750,000 after acquiring an additional 926 shares during the period. Vermillion Wealth Management Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $74,000. Formidable Asset Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 15.7% during the 4th quarter. Formidable Asset Management LLC now owns 40,311 shares of the company’s stock valued at $7,179,000 after purchasing an additional 5,457 shares during the period. Finally, Invst LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 5.0% during the 4th quarter. Invst LLC now owns 143,443 shares of the company’s stock worth $25,544,000 after purchasing an additional 6,858 shares during the last quarter.

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.