Macroview Investment Management LLC Boosts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Macroview Investment Management LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,835 shares of the company’s stock after purchasing an additional 814 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 3.0% of Macroview Investment Management LLC’s holdings, making the stock its 11th biggest holding. Macroview Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,019,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Halpern Financial Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $26,000. MCF Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $37,000. Unique Wealth Strategies LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $37,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $41,000. Finally, Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $48,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $181.41 on Wednesday. The firm has a market cap of $47.87 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day simple moving average is $177.56 and its 200-day simple moving average is $170.48. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.