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

iShares MSCI USA Quality Factor ETF (BATS:QUAL) shares reached a new 52-week high on Thursday . The stock traded as high as $179.91 and last traded at $179.77, with a volume of 1138168 shares traded. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Performance

The firm has a market cap of $47.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business’s 50-day moving average is $181.78 and its 200-day moving average is $177.74.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Hedge funds have recently modified their holdings of the company. Apeiron RIA LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.0% in the fourth quarter. Apeiron RIA LLC now owns 65,079 shares of the company’s stock valued at $11,589,000 after buying an additional 3,700 shares during the last quarter. Veracity Capital LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 29.0% during the 4th quarter. Veracity Capital LLC now owns 1,768 shares of the company’s stock worth $315,000 after buying an additional 397 shares in the last quarter. Galvin Gaustad & Stein LLC boosted its position in iShares MSCI USA Quality Factor ETF by 5.8% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 1,835 shares of the company’s stock valued at $327,000 after buying an additional 101 shares during the last quarter. Goldstein Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 4.5% in the 4th quarter. Goldstein Advisors LLC now owns 294,692 shares of the company’s stock valued at $52,479,000 after buying an additional 12,656 shares during the period. Finally, Avior Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 30.7% in the 4th quarter. Avior Wealth Management LLC now owns 2,697 shares of the company’s stock valued at $480,000 after buying an additional 634 shares during the period.

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.