HCR Wealth Advisors Acquires Shares of 1,373 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

HCR Wealth Advisors purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,373 shares of the company’s stock, valued at approximately $234,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock worth $1,994,000 after acquiring an additional 61 shares during the last quarter. Bristlecone Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after buying an additional 63 shares during the last quarter. Bedel Financial Consulting Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock worth $3,009,000 after acquiring an additional 65 shares during the last quarter. Integrated Advisors Network LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.9% in the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock valued at $1,110,000 after acquiring an additional 66 shares during the last quarter. Finally, NBC Securities Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 27.2% during the 1st quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after purchasing an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $172.56 on Tuesday. 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 market cap of $45.54 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm has a 50 day simple moving average of $172.34 and a 200 day simple moving average of $166.88.

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.