iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Flagship Private Wealth LLC

Flagship Private Wealth LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.5% during the fourth quarter, HoldingsChannel reports. The fund owned 54,239 shares of the company’s stock after purchasing an additional 11,685 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 4.7% of Flagship Private Wealth LLC’s holdings, making the stock its 5th biggest position. Flagship Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,659,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of QUAL. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $26,000. Barrett & Company Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. OLD Second National Bank of Aurora bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. Finally, Centennial Bank AR bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.2 %

Shares of BATS:QUAL opened at $184.10 on Friday. The company has a market cap of $48.58 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a 50 day moving average price of $181.80 and a 200 day moving average price of $178.14. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month 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.