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

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

iShares MSCI USA Quality Factor ETF Stock Up 1.6 %

The firm’s 50-day moving average price is $181.95 and its 200 day moving average price is $177.66. The firm has a market cap of $47.37 billion, a P/E ratio of 23.03 and a beta of 1.03.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Several large investors have recently made changes to their positions in QUAL. Pure Financial Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 10.2% in the 4th quarter. Pure Financial Advisors LLC now owns 125,064 shares of the company’s stock worth $22,271,000 after buying an additional 11,586 shares in the last quarter. Amplius Wealth Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the fourth quarter. Amplius Wealth Advisors LLC now owns 9,716 shares of the company’s stock worth $1,730,000 after purchasing an additional 86 shares in the last quarter. Corundum Group Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 53.4% during the fourth quarter. Corundum Group Inc. now owns 1,994 shares of the company’s stock valued at $355,000 after purchasing an additional 694 shares in the last quarter. FLC Capital Advisors raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.6% during the fourth quarter. FLC Capital Advisors now owns 5,303 shares of the company’s stock valued at $944,000 after purchasing an additional 326 shares in the last quarter. Finally, True Link Financial Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.3% in the fourth quarter. True Link Financial Advisors LLC now owns 193,325 shares of the company’s stock worth $34,427,000 after purchasing an additional 2,563 shares during the period.

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.