Baer Investment Advisory LLC Makes New $2.06 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Baer Investment Advisory LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 10,724 shares of the company’s stock, valued at approximately $2,057,000.

Other hedge funds also recently bought and sold shares of the company. 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 iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $27,000. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $218.43 on Friday. The business’s 50 day moving average is $213.27 and its two-hundred day moving average is $204.84. The company has a market cap of $63.33 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $181.55 and a 12 month high of $220.24.

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.