iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Motive Wealth Advisors

Motive Wealth Advisors lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 52.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,689 shares of the company’s stock after purchasing an additional 23,569 shares during the period. iShares MSCI USA Quality Factor ETF comprises 6.8% of Motive Wealth Advisors’ holdings, making the stock its 5th biggest holding. Motive Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $11,289,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. VisionPoint Advisory Group LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $28,000. Thompson Investment Management Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $34,000. MCF Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $37,000. Finally, City State Bank boosted its stake in iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after purchasing an additional 141 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL traded up $1.29 on Friday, hitting $174.34. 784,826 shares of the stock were exchanged. The company’s 50-day moving average price is $168.61 and its two-hundred day moving average price is $160.75. 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 $46.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.