EdgeRock Capital LLC Acquires 1,539 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

EdgeRock Capital LLC increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,535 shares of the company’s stock after purchasing an additional 1,539 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 7.9% of EdgeRock Capital LLC’s holdings, making the stock its 3rd biggest position. EdgeRock Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,027,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Acorn Wealth Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.8% during the fourth quarter. Acorn Wealth Advisors LLC now owns 14,369 shares of the company’s stock worth $2,559,000 after purchasing an additional 387 shares during the period. Millington Financial Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.1% in the 4th quarter. Millington Financial Advisors LLC now owns 21,719 shares of the company’s stock valued at $3,963,000 after purchasing an additional 228 shares during the period. Prasad Wealth Partners LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $238,000. BankPlus Trust Department acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $27,000. Finally, Crestwood Advisors Group LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 48.5% during the 4th quarter. Crestwood Advisors Group LLC now owns 44,239 shares of the company’s stock worth $7,878,000 after buying an additional 14,448 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $181.92 on Tuesday. The company has a 50-day moving average of $181.78 and a two-hundred day moving average of $180.14. The stock has a market cap of $48.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. 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.