Cornerstone Advisors Asset Management LLC Buys 540 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cornerstone Advisors Asset Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,328 shares of the company’s stock after buying an additional 540 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.1% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 24th largest position. Cornerstone Advisors Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,223,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Klingman & Associates LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 8.4% during the fourth quarter. Klingman & Associates LLC now owns 2,114 shares of the company’s stock valued at $376,000 after purchasing an additional 163 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in iShares MSCI USA Quality Factor ETF by 12.7% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 170,714 shares of the company’s stock worth $30,402,000 after buying an additional 19,196 shares in the last quarter. Key Financial Inc raised its holdings in iShares MSCI USA Quality Factor ETF by 8.1% during the fourth quarter. Key Financial Inc now owns 2,180 shares of the company’s stock valued at $388,000 after acquiring an additional 164 shares during the period. Kestra Investment Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 12.8% in the fourth quarter. Kestra Investment Management LLC now owns 600,125 shares of the company’s stock valued at $106,870,000 after acquiring an additional 68,219 shares in the last quarter. Finally, Fortis Group Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the fourth quarter. Fortis Group Advisors LLC now owns 35,984 shares of the company’s stock worth $6,408,000 after acquiring an additional 1,283 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 5.0 %

Shares of QUAL opened at $185.50 on Wednesday. The business’s 50 day moving average is $181.78 and its 200 day moving average is $179.56. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market capitalization of $48.95 billion, a PE 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.