Savvy Advisors Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 10.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 27,381 shares of the company’s stock after buying an additional 2,684 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,438,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $25,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $28,000. CoreFirst Bank & Trust purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $33,000. First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $36,000. Finally, Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $39,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of BATS QUAL opened at $193.16 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The firm has a market capitalization of $56.01 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm has a 50 day moving average of $199.44 and a 200 day moving average of $197.96.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
See Also
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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