IFP Advisors Inc Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

IFP Advisors Inc increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 70,552 shares of the company’s stock after acquiring an additional 3,016 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,564,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after buying an additional 227 shares during the last quarter. Ellis Investment Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 13.1% during the 4th quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after acquiring an additional 1,481 shares during the period. CreativeOne Wealth LLC raised its stake in iShares MSCI USA Quality Factor ETF by 43.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after acquiring an additional 76,472 shares during the period. Spectrum Planning & Advisory Services Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 7.4% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock worth $7,243,000 after acquiring an additional 2,768 shares during the period. Finally, Principal Financial Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 37.2% during the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after acquiring an additional 2,682 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 3.4 %

BATS QUAL opened at $182.67 on Monday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market cap of $48.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company’s 50 day moving average is $181.78 and its two-hundred day moving average is $180.14.

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.