Addison Capital Co Invests $9.58 Million in iShares MSCI USA Quality Factor ETF $QUAL

Addison Capital Co acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 49,945 shares of the company’s stock, valued at approximately $9,580,000. iShares MSCI USA Quality Factor ETF comprises about 1.7% of Addison Capital Co’s portfolio, making the stock its 13th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Horst & Graben Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the 1st quarter. Horst & Graben Wealth Management LLC now owns 114,578 shares of the company’s stock worth $23,739,000 after purchasing an additional 1,030 shares during the last quarter. Clare Market Investments LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $207,000. Integrated Advisors Network LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the first quarter. Integrated Advisors Network LLC now owns 14,523 shares of the company’s stock worth $2,786,000 after purchasing an additional 88 shares during the last quarter. Unison Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF by 61.6% in the first quarter. Unison Advisors LLC now owns 603,217 shares of the company’s stock worth $115,703,000 after purchasing an additional 229,969 shares in the last quarter. Finally, Interactive Financial Advisors Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 1.4% in the first quarter. Interactive Financial Advisors Inc. now owns 34,798 shares of the company’s stock worth $6,675,000 after purchasing an additional 491 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.3%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $217.74 on Wednesday. The business has a 50-day moving average price of $213.73 and a 200 day moving average price of $205.17. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.55 and a fifty-two week high of $220.24. The firm has a market cap of $63.13 billion, a P/E 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.