W Advisors LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

W Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.9% during the fourth quarter, HoldingsChannel reports. The fund owned 10,957 shares of the company’s stock after buying an additional 1,253 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.2% of W Advisors LLC’s holdings, making the stock its 19th biggest position. W Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,612,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in QUAL. Independent Advisor Alliance lifted its stake in iShares MSCI USA Quality Factor ETF by 7.4% during the third quarter. Independent Advisor Alliance now owns 2,052 shares of the company’s stock worth $270,000 after purchasing an additional 141 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 9.7% in the third quarter. J.W. Cole Advisors Inc. now owns 20,763 shares of the company’s stock valued at $2,736,000 after buying an additional 1,842 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 75.7% during the third quarter. Bank of New York Mellon Corp now owns 2,047,250 shares of the company’s stock worth $269,807,000 after purchasing an additional 882,291 shares during the last quarter. Patton Albertson Miller Group LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $742,000. Finally, Brown Advisory Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the third quarter. Brown Advisory Inc. now owns 52,797 shares of the company’s stock worth $6,958,000 after buying an additional 1,111 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.2 %

Shares of BATS QUAL traded up $1.82 during midday trading on Friday, reaching $159.19. 1,411,118 shares of the company were exchanged. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a fifty day simple moving average of $160.94 and a 200 day simple moving average of $150.57. The stock has a market cap of $42.01 billion, a P/E ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

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.