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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $211.44 and last traded at $211.32, with a volume of 647974 shares changing hands. The stock had previously closed at $210.39.

iShares MSCI USA Quality Factor ETF Stock Performance

The stock has a market capitalization of $61.17 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm has a fifty day moving average of $200.32 and a 200-day moving average of $199.92.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Large investors have recently modified their holdings of the business. Avantra Family Wealth Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $1,493,000. Dynasty Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 18.3% in the third quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after purchasing an additional 90,195 shares in the last quarter. Cabot Wealth Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 8.7% in the third quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after purchasing an additional 3,369 shares in the last quarter. Insight Inv LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $1,016,000. Finally, Cassilly Financial Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $1,348,000.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.