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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during trading on Monday . The stock traded as high as $179.91 and last traded at $184.07, with a volume of 1138168 shares. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Performance

The stock has a market cap of $48.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s 50-day moving average price is $181.90 and its two-hundred day moving average price is $179.03.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Signature Estate & Investment Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 79.5% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,221 shares of the company’s stock worth $930,000 after purchasing an additional 2,313 shares during the last quarter. FineMark National Bank & Trust boosted its stake in iShares MSCI USA Quality Factor ETF by 29.3% during the fourth quarter. FineMark National Bank & Trust now owns 4,043 shares of the company’s stock worth $720,000 after buying an additional 915 shares during the period. Modern Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 12.6% during the fourth quarter. Modern Wealth Management LLC now owns 188,799 shares of the company’s stock worth $34,785,000 after buying an additional 21,090 shares during the period. CoreFirst Bank & Trust acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $32,000. Finally, Haverford Trust Co raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 4th quarter. Haverford Trust Co now owns 1,382,484 shares of the company’s stock valued at $246,193,000 after acquiring an additional 87,118 shares during the period.

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.