Valmark Advisers Inc. Purchases 179 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Valmark Advisers Inc. boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.0% in the fourth quarter, HoldingsChannel reports. The firm owned 9,151 shares of the company’s stock after buying an additional 179 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,630,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in QUAL. Alpha Financial Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 903.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after acquiring an additional 34,820 shares during the period. Creative Planning grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.6% during the 3rd quarter. Creative Planning now owns 65,886 shares of the company’s stock valued at $11,813,000 after acquiring an additional 1,041 shares during the period. Inspire Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.6% during the 3rd quarter. Inspire Advisors LLC now owns 2,872 shares of the company’s stock valued at $515,000 after acquiring an additional 127 shares during the period. Accurate Wealth Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $585,000. Finally, Capital Investment Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 26.3% during the 3rd quarter. Capital Investment Advisors LLC now owns 11,936 shares of the company’s stock valued at $2,140,000 after acquiring an additional 2,484 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 4.8 %

QUAL opened at $185.18 on Monday. The company has a 50 day moving average of $181.79 and a 200 day moving average of $179.46. The company has a market cap of $48.87 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.