Summit Trail Advisors LLC Buys 14,398 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Summit Trail Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 349,459 shares of the company’s stock after buying an additional 14,398 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 2.3% of Summit Trail Advisors LLC’s portfolio, making the stock its 5th largest position. Summit Trail Advisors LLC owned about 0.13% of iShares MSCI USA Quality Factor ETF worth $62,232,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC boosted its position in iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after acquiring an additional 227 shares during the period. CreativeOne Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 43.4% in the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after purchasing an additional 76,472 shares in the last quarter. Midwest Heritage Bank FSB boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after purchasing an additional 199 shares during the period. Armstrong Advisory Group Inc. grew its position in iShares MSCI USA Quality Factor ETF by 28.3% during the third quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock valued at $120,000 after purchasing an additional 148 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. grew its position in iShares MSCI USA Quality Factor ETF by 7.4% during the third quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock valued at $7,243,000 after purchasing an additional 2,768 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.2 %

QUAL stock opened at $184.14 on Tuesday. The company has a 50 day moving average of $181.94 and a two-hundred day moving average of $178.91. The company has a market cap of $48.59 billion, a price-to-earnings 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.

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.