Financial Enhancement Group LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Financial Enhancement Group LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 153.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,902 shares of the company’s stock after purchasing an additional 16,295 shares during the period. Financial Enhancement Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,752,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Halpern Financial Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 1.6 %

Shares of QUAL opened at $179.45 on Thursday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a market capitalization of $47.36 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s fifty day simple moving average is $181.95 and its 200 day simple moving average is $177.66.

iShares MSCI USA Quality Factor ETF 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.