Compass Ion Advisors LLC Invests $1.42 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Compass Ion Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,943 shares of the company’s stock, valued at approximately $1,424,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Provident Investment Management Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after purchasing an additional 614 shares during the last quarter. Brookstone Capital Management increased its position in shares of iShares MSCI USA Quality Factor ETF by 13.3% in the first quarter. Brookstone Capital Management now owns 133,416 shares of the company’s stock worth $21,927,000 after purchasing an additional 15,705 shares during the last quarter. Annandale Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after purchasing an additional 363 shares during the last quarter. Calamos Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the second quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock worth $295,000 after purchasing an additional 365 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 145.2% in the first quarter. Advocacy Wealth Management Services LLC now owns 303,971 shares of the company’s stock worth $49,958,000 after purchasing an additional 179,982 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

Shares of QUAL stock traded up $0.81 during trading on Friday, hitting $182.42. The company had a trading volume of 558,195 shares. The stock’s 50-day moving average is $177.09 and its two-hundred day moving average is $170.15. The stock has a market capitalization of $48.14 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.