Fragasso Financial Advisors Inc Has $71.01 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Fragasso Financial Advisors Inc raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 398,770 shares of the company’s stock after acquiring an additional 7,476 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 5.4% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 4th biggest holding. Fragasso Financial Advisors Inc owned 0.15% of iShares MSCI USA Quality Factor ETF worth $71,013,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of QUAL. Halpern Financial Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $26,000. Barrett & Company Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Finally, Centennial Bank AR purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL traded down $2.64 during midday trading on Monday, reaching $176.35. The stock had a trading volume of 1,261,973 shares. The company has a market capitalization of $46.54 billion, a price-to-earnings 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. The stock has a 50-day moving average of $182.11 and a 200-day moving average of $177.59.

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.