Legacy Edge Advisors LLC Invests $22.62 Million in iShares MSCI USA Quality Factor ETF $QUAL

Legacy Edge Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 113,890 shares of the company’s stock, valued at approximately $22,621,000. iShares MSCI USA Quality Factor ETF makes up approximately 2.5% of Legacy Edge Advisors LLC’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Ellis Investment Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 14.8% during the 4th quarter. Ellis Investment Partners LLC now owns 12,340 shares of the company’s stock worth $2,451,000 after buying an additional 1,588 shares in the last quarter. Pines Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.5% during the 4th quarter. Pines Wealth Management LLC now owns 6,133 shares of the company’s stock worth $1,218,000 after buying an additional 264 shares in the last quarter. Syntax Research Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 10.1% during the 4th quarter. Syntax Research Inc. now owns 10,532 shares of the company’s stock worth $2,092,000 after buying an additional 963 shares in the last quarter. Uptick Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 96.4% during the 4th quarter. Uptick Partners LLC now owns 7,798 shares of the company’s stock worth $1,549,000 after buying an additional 3,828 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 28.4% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 9,673 shares of the company’s stock worth $1,921,000 after buying an additional 2,141 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.0%

QUAL opened at $207.15 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $169.23 and a 12-month high of $208.67. The business’s fifty day simple moving average is $199.67 and its 200-day simple moving average is $199.23. The company has a market capitalization of $60.06 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.