iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 12-Month High – Still a Buy?

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $179.91 and last traded at $185.19, with a volume of 1138168 shares. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

The stock has a market cap of $48.83 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average price is $181.79 and its 200-day moving average price is $179.46.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Finally, BankPlus Trust Department purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $27,000.

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.