iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Ballentine Partners LLC

Ballentine Partners LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 180.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,069 shares of the company’s stock after buying an additional 6,485 shares during the quarter. Ballentine Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,793,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. Renaissance Technologies LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $1,161,000. Certified Advisory Corp boosted its holdings in iShares MSCI USA Quality Factor ETF by 52.1% in the second quarter. Certified Advisory Corp now owns 2,132 shares of the company’s stock valued at $364,000 after purchasing an additional 730 shares in the last quarter. Semmax Financial Advisors Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 13.1% in the second quarter. Semmax Financial Advisors Inc. now owns 5,953 shares of the company’s stock valued at $1,018,000 after purchasing an additional 691 shares in the last quarter. Insigneo Advisory Services LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 25.7% in the second quarter. Insigneo Advisory Services LLC now owns 2,256 shares of the company’s stock valued at $367,000 after purchasing an additional 461 shares in the last quarter. Finally, Wescott Financial Advisory Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $274,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.1 %

Shares of QUAL opened at $182.10 on Wednesday. The stock has a 50 day moving average price of $181.71 and a 200 day moving average price of $177.88. The company has a market capitalization of $48.05 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.