FSR Wealth Management Ltd. Buys Shares of 3,075 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FSR Wealth Management Ltd. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 3,075 shares of the company’s stock, valued at approximately $548,000. iShares MSCI USA Quality Factor ETF accounts for about 0.7% of FSR Wealth Management Ltd.’s portfolio, making the stock its 23rd largest position.

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

iShares MSCI USA Quality Factor ETF Trading Up 3.5 %

Shares of QUAL opened at $182.89 on Monday. The stock’s fifty day simple moving average is $181.94 and its 200 day simple moving average is $178.84. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a market capitalization of $48.26 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.