Capital Investment Counsel Inc Purchases Shares of 751 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Capital Investment Counsel Inc purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 751 shares of the company’s stock, valued at approximately $134,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in QUAL. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Finally, Centennial Bank AR purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.4 %

Shares of BATS QUAL opened at $182.67 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm’s fifty day moving average is $181.81 and its 200 day moving average is $179.78. The company has a market cap of $48.21 billion, a price-to-earnings 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.