Alta Wealth Advisors LLC Buys 847 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Alta Wealth Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,323 shares of the company’s stock after acquiring an additional 847 shares during the period. iShares MSCI USA Quality Factor ETF makes up 0.8% of Alta Wealth Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Alta Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,838,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. FMR LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC raised its position in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the period. M&T Bank Corp raised its position in iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after purchasing an additional 28,147 shares during the period. MML Investors Services LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 6.3% in the third 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 during the last quarter. Finally, Cerity Partners LLC boosted its position in iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after buying an additional 173,127 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 4.6 %

QUAL opened at $184.85 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The business’s 50-day moving average price is $181.97 and its 200-day moving average price is $178.33. The company has a market cap of $48.78 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.