Genesis Wealth Advisors LLC Purchases New Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Genesis Wealth Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,041 shares of the company’s stock, valued at approximately $898,000. iShares MSCI USA Quality Factor ETF makes up 0.8% of Genesis Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of QUAL. Rosenberg Matthew Hamilton boosted its stake in iShares MSCI USA Quality Factor ETF by 5.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after acquiring an additional 59 shares during the last quarter. Bristlecone Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock valued at $3,065,000 after acquiring an additional 59 shares during the last quarter. Sheridan Capital Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 0.6% in the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after acquiring an additional 66 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in iShares MSCI USA Quality Factor ETF by 3.2% in the third quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock valued at $390,000 after acquiring an additional 67 shares during the last quarter. Finally, L & S Advisors Inc boosted its stake in iShares MSCI USA Quality Factor ETF by 1.2% in the third quarter. L & S Advisors Inc now owns 5,911 shares of the company’s stock valued at $1,060,000 after acquiring an additional 68 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $182.67 on Monday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a market cap of $48.21 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $181.78 and its two-hundred day moving average price is $180.14.

iShares MSCI USA Quality Factor ETF Company 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.