Verdence Capital Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 15.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,613 shares of the company’s stock after acquiring an additional 1,720 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,246,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the stock. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. BankPlus Trust Department purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $27,000. MGB Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $39,000. Finally, Empowered Funds LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $40,000.
iShares MSCI USA Quality Factor ETF Stock Up 1.5 %
Shares of BATS:QUAL opened at $179.31 on Thursday. The company has a market cap of $49.79 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 52 week low of $154.17 and a 52 week high of $187.26. The business has a fifty day simple moving average of $181.66 and a 200-day simple moving average of $180.60.
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.
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