First Horizon Advisors Inc. Acquires 4,321 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

First Horizon Advisors Inc. increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 60,550 shares of the company’s stock after buying an additional 4,321 shares during the period. First Horizon Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,857,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in QUAL. Halpern Financial Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.2 %

iShares MSCI USA Quality Factor ETF stock opened at $180.40 on Wednesday. The firm has a market capitalization of $47.61 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 $179.65 and a 200 day simple moving average of $173.46. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.