IFG Advisory LLC Buys 2,855 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

IFG Advisory LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.1% during the fourth quarter, HoldingsChannel reports. The firm owned 24,672 shares of the company’s stock after purchasing an additional 2,855 shares during the period. IFG Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,630,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. FMR LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after purchasing an additional 923,875 shares during the last quarter. BlackRock Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 145.7% in the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after purchasing an additional 4,051,296 shares during the last quarter. M&T Bank Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. M&T Bank Corp now owns 3,606,215 shares of the company’s stock worth $475,285,000 after purchasing an additional 124,951 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the second quarter. Osaic Holdings Inc. now owns 3,314,456 shares of the company’s stock worth $447,106,000 after purchasing an additional 134,554 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 12.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock valued at $425,287,000 after acquiring an additional 349,044 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.4 %

iShares MSCI USA Quality Factor ETF stock traded down $0.63 during trading hours on Wednesday, hitting $163.31. 1,365,376 shares of the stock traded hands. The firm’s 50-day moving average price is $157.84 and its two-hundred day moving average price is $145.64. The company has a market cap of $36.93 billion, a PE ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.