Novus Advisors LLC Buys Shares of 4,636 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Novus Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,636 shares of the company’s stock, valued at approximately $826,000.

Several other large investors have also recently made changes to their positions in the company. Ellis Investment Partners LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 13.1% during the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after buying an additional 1,481 shares in the last quarter. CreativeOne Wealth LLC boosted its position in iShares MSCI USA Quality Factor ETF by 43.4% during the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after acquiring an additional 76,472 shares during the last quarter. Spectrum Planning & Advisory Services Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 7.4% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock valued at $7,243,000 after acquiring an additional 2,768 shares in the last quarter. Principal Financial Group Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 37.2% in the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after acquiring an additional 2,682 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after purchasing an additional 170,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $176.20 on Friday. The stock’s 50 day simple moving average is $181.54 and its 200-day simple moving average is $180.57. The stock has a market cap of $48.93 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26.

iShares MSCI USA Quality Factor ETF 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.