iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Ade LLC’s 8th Largest Position

Ade LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,973 shares of the company’s stock after purchasing an additional 2,887 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 3.7% of Ade LLC’s investment portfolio, making the stock its 8th biggest holding. Ade LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,050,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Aspiriant LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 12.4% during the fourth quarter. Aspiriant LLC now owns 1,848 shares of the company’s stock worth $329,000 after buying an additional 204 shares during the period. Ballentine Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 180.9% during the 4th quarter. Ballentine Partners LLC now owns 10,069 shares of the company’s stock valued at $1,793,000 after acquiring an additional 6,485 shares during the last quarter. Pure Financial Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 10.2% during the 4th quarter. Pure Financial Advisors LLC now owns 125,064 shares of the company’s stock worth $22,271,000 after acquiring an additional 11,586 shares during the period. Amplius Wealth Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the 4th quarter. Amplius Wealth Advisors LLC now owns 9,716 shares of the company’s stock valued at $1,730,000 after purchasing an additional 86 shares during the last quarter. Finally, Corundum Group Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 53.4% in 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 during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $180.68 on Tuesday. The stock has a fifty day moving average price of $181.71 and a 200 day moving average price of $177.88. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company has a market cap of $47.68 billion, a PE ratio of 23.03 and a beta of 1.03.

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.