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

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $219.88 and last traded at $219.84, with a volume of 648554 shares changing hands. The stock had previously closed at $217.29.

iShares MSCI USA Quality Factor ETF Trading Down 0.5%

The firm has a market cap of $63.15 billion, a PE ratio of 25.59 and a beta of 1.05. The company has a 50 day moving average price of $212.79 and a 200 day moving average price of $204.61.

Institutional Trading of iShares MSCI USA Quality Factor ETF

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