Tennessee Valley Asset Management Partners Buys 2,199 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tennessee Valley Asset Management Partners boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,378 shares of the company’s stock after acquiring an additional 2,199 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 1.4% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 13th largest holding. Tennessee Valley Asset Management Partners’ holdings in iShares MSCI USA Quality Factor ETF were worth $8,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Halbert Hargrove Global Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 40.4% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 619 shares of the company’s stock worth $106,000 after purchasing an additional 178 shares during the period. Robertson Stephens Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.8% in the first quarter. Robertson Stephens Wealth Management LLC now owns 36,299 shares of the company’s stock worth $6,203,000 after purchasing an additional 289 shares during the period. BCU Wealth Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 18.4% in the first quarter. BCU Wealth Advisors LLC now owns 15,258 shares of the company’s stock worth $2,607,000 after purchasing an additional 2,370 shares during the period. Inscription Capital LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth $5,435,000. Finally, QRG Capital Management Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 10.8% in the first quarter. QRG Capital Management Inc. now owns 8,256 shares of the company’s stock worth $1,411,000 after purchasing an additional 805 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 1.6%

BATS:QUAL opened at $179.40 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The firm has a fifty day simple moving average of $172.43 and a two-hundred day simple moving average of $176.59. The stock has a market capitalization of $51.78 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05.

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.