Financial Life Advisors Has $6.49 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Financial Life Advisors lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,516 shares of the company’s stock after purchasing an additional 3,931 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 2.7% of Financial Life Advisors’ investment portfolio, making the stock its 14th largest holding. Financial Life Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $6,494,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of QUAL. VisionPoint Advisory Group LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $28,000. Thompson Investment Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $34,000. MCF Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $37,000. Finally, City State Bank raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after acquiring an additional 141 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.6 %

Shares of iShares MSCI USA Quality Factor ETF stock traded down $0.98 during trading on Monday, hitting $170.76. 1,007,535 shares of the stock traded hands. The firm’s fifty day moving average is $165.56 and its 200-day moving average is $159.11. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a market cap of $45.06 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.