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 reached a new 52-week high on Tuesday . The stock traded as high as $179.91 and last traded at $182.51, with a volume of 1138168 shares changing hands. The stock had previously closed at $176.64.

iShares MSCI USA Quality Factor ETF Stock Up 3.3 %

The firm has a market cap of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average is $181.80 and its two-hundred day moving average is $178.16.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Several large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after acquiring an additional 58 shares in the last quarter. Rosenberg Matthew Hamilton lifted its position in iShares MSCI USA Quality Factor ETF by 5.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after buying an additional 59 shares during the period. Procyon Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 4.7% during the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after buying an additional 61 shares during the period. Columbus Macro LLC lifted its position in iShares MSCI USA Quality Factor ETF by 1.3% during the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after buying an additional 66 shares during the period. Finally, Sheridan Capital Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after buying an additional 66 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.