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

Shares of iShares MSCI USA Quality Factor ETF (BATS:QUALGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $221.29 and last traded at $221.16, with a volume of 89651 shares changing hands. The stock had previously closed at $219.32.

iShares MSCI USA Quality Factor ETF Stock Up 0.9%

The stock has a market capitalization of $64.19 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50 day moving average of $216.70 and a 200-day moving average of $207.37.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Several hedge funds have recently made changes to their positions in the stock. True Link Financial Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the 2nd quarter. True Link Financial Advisors LLC now owns 323,641 shares of the company’s stock worth $71,017,000 after acquiring an additional 3,034 shares during the period. Kerusso Capital Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $204,000. Westfuller Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $77,000. Baldwin Investment Management LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $637,000. Finally, Kestra Private Wealth Services LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 8.0% in the 2nd quarter. Kestra Private Wealth Services LLC now owns 108,440 shares of the company’s stock worth $23,795,000 after buying an additional 8,022 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Company Profile

(Get Free Report)

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.

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