Advance Capital Management Inc. Has $386,000 Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Advance Capital Management Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,169 shares of the company’s stock after acquiring an additional 181 shares during the period. Advance Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advisor OS LLC boosted its position in iShares MSCI USA Quality Factor ETF by 16.4% during the second quarter. Advisor OS LLC now owns 2,256 shares of the company’s stock valued at $385,000 after acquiring an additional 318 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 22,145.5% in the second quarter. Strategic Financial Concepts LLC now owns 623,541 shares of the company’s stock worth $1,065,000 after purchasing an additional 620,738 shares in the last quarter. Chris Bulman Inc acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $71,000. Financial Gravity Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 53.5% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 8,531 shares of the company’s stock worth $1,457,000 after buying an additional 2,972 shares in the last quarter. Finally, W Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 7.5% during the 2nd quarter. W Advisors LLC now owns 11,367 shares of the company’s stock worth $1,941,000 after buying an additional 793 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.0 %

QUAL traded up $1.69 during midday trading on Monday, hitting $179.30. The company had a trading volume of 760,734 shares. The stock’s 50 day moving average price is $182.07 and its 200 day moving average price is $177.34. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market capitalization of $47.32 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

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.