iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Brown Financial Advisors

Brown Financial Advisors lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 22,472 shares of the company’s stock after buying an additional 1,131 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 1.7% of Brown Financial Advisors’ portfolio, making the stock its 15th largest holding. Brown Financial Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $4,029,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Halpern Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $26,000. Barrett & Company Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. OLD Second National Bank of Aurora bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Finally, Centennial Bank AR acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.5 %

iShares MSCI USA Quality Factor ETF stock opened at $185.57 on Tuesday. The company’s 50-day moving average price is $181.70 and its two-hundred day moving average price is $175.63. 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 $48.97 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.