Advisory Alpha LLC Acquires 273 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Advisory Alpha LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% during the 4th quarter, HoldingsChannel reports. The firm owned 4,490 shares of the company’s stock after purchasing an additional 273 shares during the quarter. Advisory Alpha LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $800,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. FMR LLC grew its position in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares in the last quarter. Sanctuary Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $108,645,000. Finally, Orgel Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 71.6% in the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after buying an additional 515,998 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $183.74 on Thursday. The firm’s fifty day moving average price is $181.67 and its two-hundred day moving average price is $177.94. The stock has a market cap of $48.49 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.