Asset Advisors Investment Management LLC Acquires 2,021 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Asset Advisors Investment Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,848 shares of the company’s stock after purchasing an additional 2,021 shares during the quarter. Asset Advisors Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,877,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QUAL. Genesis Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $898,000. Capital Advisors Ltd. LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 157,616 shares of the company’s stock worth $28,068,000 after purchasing an additional 3,250 shares during the last quarter. Midwest Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $15,118,000. Cherry Tree Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 5.7% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 3,757 shares of the company’s stock valued at $669,000 after buying an additional 203 shares in the last quarter. Finally, Black Diamond Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 13.8% during the 4th quarter. Black Diamond Financial LLC now owns 1,460 shares of the company’s stock worth $260,000 after buying an additional 177 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $182.67 on Monday. The stock has a fifty day moving average of $181.78 and a 200-day moving average of $180.14. The company has a market capitalization of $48.21 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.