Steward Partners Investment Advisory LLC Raises Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Steward Partners Investment Advisory LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 309,532 shares of the company’s stock after purchasing an additional 7,620 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.12% of iShares MSCI USA Quality Factor ETF worth $55,121,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ellis Investment Partners LLC boosted its position in iShares MSCI USA Quality Factor ETF by 13.1% during the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after purchasing an additional 1,481 shares in the last quarter. CreativeOne Wealth LLC boosted its position in iShares MSCI USA Quality Factor ETF by 43.4% during the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after purchasing an additional 76,472 shares in the last quarter. Spectrum Planning & Advisory Services Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 7.4% during the third quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock worth $7,243,000 after purchasing an additional 2,768 shares in the last quarter. Principal Financial Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 37.2% during the third quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after purchasing an additional 2,682 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.3% during the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after purchasing an additional 170,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $178.96 on Tuesday. The company has a market cap of $49.70 billion, a PE ratio of 28.36 and a beta of 1.04. The stock’s 50 day simple moving average is $181.79 and its 200-day simple moving average is $180.59. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.