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

iShares MSCI USA Quality Factor ETF (BATS:QUAL)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $221.29 and last traded at $221.16, with a volume of 89651 shares traded. The stock had previously closed at $219.32.

iShares MSCI USA Quality Factor ETF Stock Performance

The company has a market capitalization of $65.19 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a fifty day moving average price of $217.03 and a 200 day moving average price of $207.66.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. J.M. Arbour LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $1,681,000. Liberty Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 2.0% during the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock worth $31,622,000 after buying an additional 3,188 shares during the period. Sound Financial Strategies Group LLC increased its stake in iShares MSCI USA Quality Factor ETF by 254.3% during the 4th quarter. Sound Financial Strategies Group LLC now owns 19,877 shares of the company’s stock worth $3,948,000 after buying an additional 14,267 shares during the period. Lutz Financial Services LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 5.7% in the 4th quarter. Lutz Financial Services LLC now owns 77,301 shares of the company’s stock worth $15,354,000 after buying an additional 4,154 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF by 40.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 111,127 shares of the company’s stock valued at $22,072,000 after buying an additional 31,932 shares during the last quarter.

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.