Investment Advisory Group LLC Buys 333 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Investment Advisory Group LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,491 shares of the company’s stock after purchasing an additional 333 shares during the period. Investment Advisory Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $808,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. VisionPoint Advisory Group LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $25,000. NBC Securities Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $26,000. Signaturefd LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1,414.3% in the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock valued at $28,000 after buying an additional 198 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $28,000. Finally, Patriot Investment Management Group Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $28,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded down $1.98 during trading hours on Tuesday, hitting $158.17. 1,304,090 shares of the company were exchanged. The firm has a market cap of $41.39 billion, a P/E ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company has a 50 day simple moving average of $160.88 and a two-hundred day simple moving average of $148.36.

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.