Signature Estate & Investment Advisors LLC Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Signature Estate & Investment Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,322 shares of the company’s stock, valued at approximately $396,000.

A number of other hedge funds have also recently added to or reduced their stakes in QUAL. Mather Group LLC. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 111.8% during the 4th quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock valued at $730,000 after buying an additional 2,618 shares in the last quarter. Spire Wealth Management grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% in the fourth quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock valued at $14,110,000 after purchasing an additional 4,236 shares during the period. Wade Financial Advisory Inc increased its stake in shares of iShares MSCI USA Quality Factor ETF by 5.4% during the fourth quarter. Wade Financial Advisory Inc now owns 102,026 shares of the company’s stock worth $15,012,000 after purchasing an additional 5,258 shares in the last quarter. Heritage Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $392,000. Finally, Alpha Cubed Investments LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 6.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 3,245 shares of the company’s stock worth $477,000 after buying an additional 191 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $177.76 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market capitalization of $46.91 billion, a P/E ratio of 23.03 and a beta of 1.03. The business has a 50 day simple moving average of $171.83 and a two-hundred day simple moving average of $165.77.

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.