iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Elevate Wealth Advisory Inc.

Elevate Wealth Advisory Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,813 shares of the company’s stock after purchasing an additional 724 shares during the quarter. Elevate Wealth Advisory Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $501,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $25,000. BankPlus Trust Department purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $27,000. Rialto Wealth Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $32,000. MGB Wealth Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $39,000. Finally, Empowered Funds LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Trading Down 2.3 %

Shares of QUAL stock opened at $172.51 on Thursday. The stock has a 50 day simple moving average of $180.25 and a 200-day simple moving average of $180.30. The company has a market cap of $48.97 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26.

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.