iShares MSCI USA Quality Factor ETF (BATS:QUAL) Hits New 52-Week High – Should You Buy?

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) reached a new 52-week high during trading on Thursday . The company traded as high as $212.96 and last traded at $212.96, with a volume of 627912 shares traded. The stock had previously closed at $212.23.

iShares MSCI USA Quality Factor ETF Price Performance

The firm has a market cap of $62.16 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average price is $201.97 and its 200 day moving average price is $200.70.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its stake in iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares in the last quarter. MML Investors Services LLC grew its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after acquiring an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 1.5% during the 4th quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after acquiring an additional 44,952 shares in the last quarter. Facet Wealth Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 9.9% during the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after acquiring an additional 259,414 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in iShares MSCI USA Quality Factor ETF by 11.2% during the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after acquiring an additional 240,881 shares in the last quarter.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.