BCS Wealth Management Takes $327,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

BCS Wealth Management acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,838 shares of the company’s stock, valued at approximately $327,000.

Several other institutional investors have also recently modified their holdings of the stock. BOKF NA raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 63.8% in the second quarter. BOKF NA now owns 624 shares of the company’s stock worth $107,000 after acquiring an additional 243 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in iShares MSCI USA Quality Factor ETF by 92.4% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 8,278 shares of the company’s stock worth $1,414,000 after purchasing an additional 3,975 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in iShares MSCI USA Quality Factor ETF by 47.6% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 2,111 shares of the company’s stock valued at $361,000 after purchasing an additional 681 shares during the last quarter. WealthPLAN Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 4.9% in the 2nd quarter. WealthPLAN Partners LLC now owns 15,051 shares of the company’s stock valued at $2,570,000 after purchasing an additional 703 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $1,161,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $176.64 on Wednesday. The company has a 50-day simple moving average of $182.06 and a 200-day simple moving average of $177.66. The company has a market cap of $46.62 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

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.