Brookstone Capital Management Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Brookstone Capital Management grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,416 shares of the company’s stock after acquiring an additional 15,705 shares during the quarter. Brookstone Capital Management owned 0.06% of iShares MSCI USA Quality Factor ETF worth $21,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Baystate Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.2% during the 4th quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock worth $24,914,000 after acquiring an additional 1,997 shares during the last quarter. Millington Financial Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the 4th quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock worth $2,863,000 after purchasing an additional 296 shares during the period. Mather Group LLC. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 111.8% during the 4th quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock worth $730,000 after purchasing an additional 2,618 shares during the period. Spire Wealth Management raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the 4th quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock worth $14,110,000 after purchasing an additional 4,236 shares during the period. Finally, MA Private Wealth raised its stake in shares of iShares MSCI USA Quality Factor ETF by 50.6% during the 4th quarter. MA Private Wealth now owns 272,596 shares of the company’s stock worth $40,110,000 after purchasing an additional 91,571 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL traded up $0.78 during mid-day trading on Tuesday, reaching $172.21. 692,795 shares of the company’s stock were exchanged. The firm has a market capitalization of $45.45 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a 50-day moving average price of $164.65 and a two-hundred day moving average price of $158.56.

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.