Cascade Investment Advisors Inc. Invests $293,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cascade Investment Advisors Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,645 shares of the company’s stock, valued at approximately $293,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FMR LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $108,645,000. Orgel Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 71.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after buying an additional 515,998 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $77,463,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.3 %

QUAL opened at $182.51 on Tuesday. The business’s fifty day simple moving average is $181.80 and its 200 day simple moving average is $178.16. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a market cap of $48.16 billion, a PE ratio of 23.03 and a beta of 1.03.

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.