Exchange Bank Acquires 148 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Exchange Bank raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,332 shares of the company’s stock after acquiring an additional 148 shares during the quarter. Exchange Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $415,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Halpern Financial Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 2.3 %

Shares of BATS:QUAL opened at $180.68 on Tuesday. The company has a market capitalization of $47.68 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The business has a 50 day moving average of $181.71 and a two-hundred day moving average of $177.88.

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.