United Advisor Group LLC Raises Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

United Advisor Group LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,060 shares of the company’s stock after purchasing an additional 129 shares during the quarter. United Advisor Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. IHT Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.9% during the 4th quarter. IHT Wealth Management LLC now owns 215,653 shares of the company’s stock worth $38,403,000 after purchasing an additional 7,995 shares in the last quarter. Florida Financial Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 2.9% during the 4th quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after purchasing an additional 66 shares in the last quarter. Wells Financial Advisors INC lifted its holdings in iShares MSCI USA Quality Factor ETF by 7.5% during the 4th quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock worth $3,233,000 after purchasing an additional 1,260 shares in the last quarter. Ellis Investment Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 13.1% during the 4th quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after purchasing an additional 1,481 shares in the last quarter. Finally, PFG Advisors lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.2% during the 4th quarter. PFG Advisors now owns 102,691 shares of the company’s stock worth $18,287,000 after purchasing an additional 3,189 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $174.12 on Friday. The stock’s 50-day simple moving average is $168.80 and its 200 day simple moving average is $177.05. The stock has a market capitalization of $49.88 billion, a price-to-earnings ratio of 25.81 and a beta of 1.06. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

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.