Baker Avenue Asset Management LP Has $83.53 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Baker Avenue Asset Management LP increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.8% during the fourth quarter, Holdings Channel reports. The fund owned 420,537 shares of the company’s stock after acquiring an additional 3,163 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.9% of Baker Avenue Asset Management LP’s holdings, making the stock its 11th biggest holding. Baker Avenue Asset Management LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $83,527,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Cassilly Financial Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $1,348,000. MB Generational Wealth LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $16,103,000. Coldstream Capital Management Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after buying an additional 595,017 shares in the last quarter. Aspen Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock valued at $45,461,000 after buying an additional 5,878 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 2,239.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 3,509 shares of the company’s stock valued at $683,000 after buying an additional 3,359 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $215.24 on Thursday. The stock’s fifty day moving average price is $203.11 and its two-hundred day moving average price is $201.17. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $216.22. The firm has a market cap of $62.41 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.