iShares MSCI USA Quality Factor ETF (BATS:QUAL) Reaches New 1-Year High – Still a Buy?

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

iShares MSCI USA Quality Factor ETF Stock Performance

The firm has a fifty day simple moving average of $216.70 and a 200-day simple moving average of $207.37. The company has a market capitalization of $64.19 billion, a PE ratio of 25.59 and a beta of 1.05.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000.

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.