Gladstone Institutional Advisory LLC Increases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Gladstone Institutional Advisory LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,795 shares of the company’s stock after buying an additional 451 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $25,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Finally, Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $184.38 on Wednesday. The company’s fifty day moving average price is $181.90 and its 200-day moving average price is $179.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm has a market capitalization of $48.66 billion, a PE 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.