Petix & Botte Co Makes New Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Petix & Botte Co bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 1,361 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in QUAL. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $337,131,000. FMR LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after buying an additional 923,875 shares during the last quarter. TIAA Trust National Association acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $83,377,000. The Manufacturers Life Insurance Company acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $66,650,000. Finally, Miracle Mile Advisors LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 109.9% in the 4th quarter. Miracle Mile Advisors LLC now owns 806,339 shares of the company’s stock valued at $118,645,000 after purchasing an additional 422,241 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.3 %

iShares MSCI USA Quality Factor ETF stock traded up $2.12 during trading on Monday, hitting $161.31. The company had a trading volume of 1,093,244 shares. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company’s 50 day simple moving average is $160.96 and its 200-day simple moving average is $150.88. The stock has a market cap of $42.57 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.