Ferguson Shapiro LLC Purchases New Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ferguson Shapiro LLC acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 6,143 shares of the company’s stock, valued at approximately $1,049,000. iShares MSCI USA Quality Factor ETF accounts for 0.4% of Ferguson Shapiro LLC’s holdings, making the stock its 24th biggest position.

A number of other large investors have also recently made changes to their positions in the business. Cetera Investment Advisers increased its position in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after buying an additional 982,323 shares during the period. Scarborough Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1,460.0% during the fourth quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock valued at $143,242,000 after purchasing an additional 911,104 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares MSCI USA Quality Factor ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after purchasing an additional 897,256 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock valued at $3,936,223,000 after buying an additional 744,380 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 108.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,056,047 shares of the company’s stock valued at $155,387,000 after buying an additional 550,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $173.95 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a 50-day moving average of $172.25 and a 200 day moving average of $166.45. The firm has a market cap of $45.91 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.