iShares MSCI USA Quality Factor ETF (BATS:QUAL) Hits New 52-Week High – Time to Buy?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $218.97 and last traded at $218.70, with a volume of 65790 shares changing hands. The stock had previously closed at $216.91.

iShares MSCI USA Quality Factor ETF Trading Up 1.2%

The firm has a fifty day moving average price of $208.62 and a 200 day moving average price of $203.01. The firm has a market capitalization of $63.68 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $28,000. Finally, Ares Financial Consulting LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $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.