Latitude Advisors LLC Boosts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Latitude Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 23.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 9,204 shares of the company’s stock after acquiring an additional 1,730 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 0.9% of Latitude Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. Latitude Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,573,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Rialto Wealth Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $32,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $32,000. Bellwether Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $32,000. Mascagni Wealth Management Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $36,000. Finally, Whittier Trust Co. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 63.1% during the fourth quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $183.93 on Thursday. The stock has a market cap of $53.33 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The business’s 50-day simple moving average is $176.41 and its 200 day simple moving average is $176.10.

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.