Absolute Capital Management LLC Acquires 7,734 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Absolute Capital Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 105.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 15,100 shares of the company’s stock after purchasing an additional 7,734 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 2.0% of Absolute Capital Management LLC’s holdings, making the stock its 15th largest holding. Absolute Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,223,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of QUAL. Capital Investment Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 50.1% during the 3rd quarter. Capital Investment Advisors LLC now owns 2,609 shares of the company’s stock worth $344,000 after purchasing an additional 871 shares in the last quarter. DAVENPORT & Co LLC boosted its position in iShares MSCI USA Quality Factor ETF by 2.3% during the 3rd quarter. DAVENPORT & Co LLC now owns 5,333 shares of the company’s stock worth $703,000 after acquiring an additional 119 shares during the last quarter. Avior Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 56.4% during the 3rd quarter. Avior Wealth Management LLC now owns 549 shares of the company’s stock worth $72,000 after acquiring an additional 198 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 13.7% during the 3rd quarter. Koshinski Asset Management Inc. now owns 1,729 shares of the company’s stock worth $228,000 after acquiring an additional 208 shares during the last quarter. Finally, Secure Asset Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $343,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.3 %

BATS:QUAL opened at $159.05 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The business has a 50 day moving average price of $160.95 and a two-hundred day moving average price of $149.80. The company has a market cap of $41.62 billion, a P/E ratio of 23.32 and a beta of 1.04.

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.