Acorn Wealth Advisors LLC Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Acorn Wealth Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,369 shares of the company’s stock after buying an additional 387 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.1% of Acorn Wealth Advisors LLC’s portfolio, making the stock its 24th largest position. Acorn Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,559,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, BankPlus Trust Department acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $27,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.0 %

Shares of BATS:QUAL opened at $181.92 on Tuesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm’s 50 day moving average price is $181.78 and its 200 day moving average price is $180.14. The stock has a market cap of $48.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.