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

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during trading on Friday . The company traded as high as $208.46 and last traded at $208.27, with a volume of 20201 shares. The stock had previously closed at $207.25.

iShares MSCI USA Quality Factor ETF Price Performance

The stock has a market cap of $60.25 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s fifty day moving average price is $199.67 and its 200 day moving average price is $199.18.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in QUAL. Two Sigma Investments LP lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after acquiring an additional 887,478 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after acquiring an additional 778,465 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after buying an additional 595,017 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $81,990,000.

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.