FPC Investment Advisory Inc. Raises Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FPC Investment Advisory Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1,014.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 312 shares of the company’s stock after buying an additional 284 shares during the quarter. FPC Investment Advisory Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $57,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Sigma Planning Corp grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.6% during the fourth quarter. Sigma Planning Corp now owns 73,676 shares of the company’s stock worth $13,120,000 after purchasing an additional 3,222 shares during the last quarter. Winebrenner Capital Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $424,000. Element Wealth LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 60.9% during the fourth quarter. Element Wealth LLC now owns 1,266 shares of the company’s stock worth $225,000 after buying an additional 479 shares during the last quarter. Matauro LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $1,876,000. Finally, PMG Wealth Management Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $7,151,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.4 %

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 business’s 50-day moving average price is $181.78 and its 200 day moving average price is $179.92. The firm has a market cap of $48.21 billion, a P/E 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.