Fortis Group Advisors LLC Acquires 1,283 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Fortis Group Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,984 shares of the company’s stock after purchasing an additional 1,283 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.2% of Fortis Group Advisors LLC’s investment portfolio, making the stock its 24th largest position. Fortis Group Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Signaturefd LLC raised its position in iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares during the last quarter. Ellis Investment Partners LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 13.1% in the 4th quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock valued at $2,277,000 after buying an additional 1,481 shares during the period. CreativeOne Wealth LLC raised its position in shares of 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. Midwest Heritage Bank FSB lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock valued at $2,075,000 after acquiring an additional 199 shares during the period. Finally, Spectrum Planning & Advisory Services Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.4% in the third 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 during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

Shares of QUAL stock opened at $185.18 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm has a market cap of $48.87 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average price of $181.79 and a 200 day moving average price of $179.46.

About iShares MSCI USA Quality Factor ETF

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.