iShares MSCI USA Quality Factor ETF $QUAL Stock Purchased by IFP Advisors Inc

IFP Advisors Inc lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 90.5% in the third quarter, Holdings Channel.com reports. The fund owned 98,202 shares of the company’s stock after purchasing an additional 46,644 shares during the period. IFP Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,824,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at $28,000. Godsey & Gibb Inc. increased its position in iShares MSCI USA Quality Factor ETF by 69.8% during the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after purchasing an additional 67 shares during the period. Indiana Trust & Investment Management Co increased its position in iShares MSCI USA Quality Factor ETF by 1,500.0% during the 1st quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock valued at $34,000 after purchasing an additional 165 shares during the period. First Community Trust NA purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $40,000. Finally, Strive Financial Group LLC increased its position in iShares MSCI USA Quality Factor ETF by 1,730.0% during the 2nd quarter. Strive Financial Group LLC now owns 183 shares of the company’s stock valued at $40,000 after purchasing an additional 173 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.8%

Shares of BATS QUAL opened at $224.93 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $228.13. The firm has a market capitalization of $65.22 billion, a PE ratio of 25.59 and a beta of 1.05. The firm has a fifty day simple moving average of $223.38 and a two-hundred day simple moving average of $216.09.

Shares of iShares MSCI USA Quality Factor ETF are set to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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