Ascentis Independent Advisors Raises Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Ascentis Independent Advisors grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2,149.0% during the 1st quarter, Holdings Channel reports. The fund owned 23,839 shares of the company’s stock after acquiring an additional 22,779 shares during the period. Ascentis Independent Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $4,573,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Advocate Investing Services LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $218.43 on Monday. The company has a market cap of $63.33 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $213.27 and its two-hundred day moving average is $204.88. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.55 and a 52 week high of $220.24.

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.