iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Spectrum Planning & Advisory Services Inc.’s 3rd Largest Position

Spectrum Planning & Advisory Services Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 40,398 shares of the company’s stock after purchasing an additional 2,768 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 7.0% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 3rd largest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,243,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in QUAL. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $26,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $179.98 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market capitalization of $47.50 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a 50 day moving average of $179.50 and a 200 day moving average of $173.30.

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.