Cascade Investment Advisors Inc. Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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

A number of other large investors also recently added to or reduced their stakes in QUAL. Renaissance Technologies LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $1,161,000. Squarepoint Ops LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 19.7% during the second quarter. Squarepoint Ops LLC now owns 3,502 shares of the company’s stock valued at $598,000 after acquiring an additional 576 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the second quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock worth $444,000 after purchasing an additional 189 shares during the period. SkyView Investment Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $236,000. Finally, Creative Planning raised its position in iShares MSCI USA Quality Factor ETF by 4.4% during the 2nd quarter. Creative Planning now owns 64,845 shares of the company’s stock valued at $11,073,000 after purchasing an additional 2,754 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $182.51 on Tuesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market cap of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s 50 day moving average price is $181.80 and its 200-day moving average price is $178.16.

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.