iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1,472.0% during the fourth quarter, Holdings Channel reports. The firm owned 129,393 shares of the company’s stock after purchasing an additional 121,162 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,042,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in QUAL. PFG Advisors lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the 4th quarter. PFG Advisors now owns 102,691 shares of the company’s stock valued at $18,287,000 after purchasing an additional 3,189 shares in the last quarter. Summit X LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.3% in the fourth quarter. Summit X LLC now owns 97,899 shares of the company’s stock valued at $17,434,000 after purchasing an additional 1,247 shares during the period. HighTower Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.0% during the fourth quarter. HighTower Advisors LLC now owns 1,410,709 shares of the company’s stock worth $251,219,000 after purchasing an additional 54,902 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 4.5% in the 4th quarter. Moors & Cabot Inc. now owns 3,298 shares of the company’s stock worth $587,000 after acquiring an additional 142 shares during the period. Finally, Wealthfront Advisers LLC grew its position in iShares MSCI USA Quality Factor ETF by 374.8% in the fourth quarter. Wealthfront Advisers LLC now owns 16,978 shares of the company’s stock valued at $3,023,000 after acquiring an additional 13,402 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $170.91 on Wednesday. The company’s fifty day moving average price is $181.13 and its two-hundred day moving average price is $180.57. The firm has a market capitalization of $47.46 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26.

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.