iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sets New 12-Month High – Time to Buy?

iShares MSCI USA Quality Factor ETF (BATS:QUAL) hit a new 52-week high during trading on Tuesday . The stock traded as high as $179.91 and last traded at $182.51, with a volume of 1138168 shares. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Trading Up 3.7 %

The company has a market capitalization of $48.36 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s fifty day moving average is $181.92 and its 200 day moving average is $178.30.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of QUAL. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $25,000. Halpern Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $26,000. 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. bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. Finally, OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $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.