iShares MSCI USA Quality Factor ETF (BATS:QUAL) Holdings Boosted by Forte Capital LLC ADV

Forte Capital LLC ADV raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,331 shares of the company’s stock after purchasing an additional 13,698 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 4.2% of Forte Capital LLC ADV’s investment portfolio, making the stock its 3rd largest position. Forte Capital LLC ADV owned approximately 0.08% of iShares MSCI USA Quality Factor ETF worth $36,995,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Halpern Financial Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $26,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Centennial Bank AR purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $29,000. Finally, Unique Wealth Strategies LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $37,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $182.15 on Thursday. The company has a 50 day moving average price of $178.31 and a 200-day moving average price of $171.93. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock has a market capitalization of $48.07 billion, a PE ratio of 23.03 and a beta of 1.03.

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.