Etesian Wealth Advisors Inc. Acquires 6,127 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Etesian Wealth Advisors Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 47.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,136 shares of the company’s stock after buying an additional 6,127 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.2% of Etesian Wealth Advisors Inc.’s holdings, making the stock its 23rd biggest holding. Etesian Wealth Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,670,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $25,000. Resources Management Corp CT ADV bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $217.29 on Tuesday. The stock’s fifty day moving average price is $212.29 and its two-hundred day moving average price is $204.34. iShares MSCI USA Quality Factor ETF has a 52-week low of $181.55 and a 52-week high of $219.82. The company has a market cap of $63.00 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.