IFG Advisory LLC Purchases 5,122 Shares of iShares MSCI USA Quality Factor ETF $QUAL

IFG Advisory LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 72,840 shares of the company’s stock after buying an additional 5,122 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 0.6% of IFG Advisory LLC’s investment portfolio, making the stock its 27th largest holding. IFG Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,467,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Cassilly Financial Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $1,348,000. MB Generational Wealth LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $16,103,000. Coldstream Capital Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 132.4% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after buying an additional 595,017 shares during the period. Aspen Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock worth $45,461,000 after buying an additional 5,878 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2,239.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 3,509 shares of the company’s stock worth $683,000 after buying an additional 3,359 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

BATS QUAL opened at $215.24 on Thursday. The company has a fifty day simple moving average of $203.11 and a 200 day simple moving average of $201.17. The company has a market cap of $62.41 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $216.22.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.