MKT Advisors LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MKT Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,213 shares of the company’s stock after purchasing an additional 222 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 0.9% of MKT Advisors LLC’s holdings, making the stock its 17th biggest holding. MKT Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,822,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of QUAL. Halpern Financial Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $26,000. MCF Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $37,000. Unique Wealth Strategies LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $37,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $41,000. Finally, City State Bank boosted its position 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 worth $42,000 after purchasing an additional 141 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock traded up $0.85 on Monday, hitting $179.21. 744,957 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $174.36 and a two-hundred day moving average price of $169.00. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The stock has a market cap of $47.29 billion, a P/E 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.