HighTower Advisors LLC Acquires 54,902 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

HighTower Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,410,709 shares of the company’s stock after acquiring an additional 54,902 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $251,219,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its position in iShares MSCI USA Quality Factor ETF by 37.2% during the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after purchasing an additional 2,682 shares during the period. Assetmark Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 15.3% in the 3rd quarter. Assetmark Inc. now owns 44,692 shares of the company’s stock valued at $8,013,000 after buying an additional 5,921 shares in the last quarter. Legacy Capital Wealth Partners LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $312,000. Apollon Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 12.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 23,565 shares of the company’s stock valued at $4,225,000 after buying an additional 2,645 shares in the last quarter. Finally, Harbour Investments Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 1.4% in the 3rd quarter. Harbour Investments Inc. now owns 40,038 shares of the company’s stock valued at $7,179,000 after buying an additional 545 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 3.2 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $170.91 on Wednesday. The firm has a market capitalization of $47.46 billion, a PE ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a twelve month low of $154.17 and a twelve month high of $187.26. The firm’s 50-day moving average price is $181.13 and its 200 day moving average price is $180.57.

iShares MSCI USA Quality Factor ETF Company 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.