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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares reached a new 52-week high on Monday . The company traded as high as $179.91 and last traded at $181.10, with a volume of 1138168 shares trading hands. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Performance

The company has a market cap of $48.40 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average is $182.01 and its two-hundred day moving average is $178.56.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Barrett & Company Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. OLD Second National Bank of Aurora purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. Finally, BankPlus Trust Department purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $27,000.

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.