Advanced Asset Management Advisors Inc Invests $206,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Advanced Asset Management Advisors Inc purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,397 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. FMR LLC boosted 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 acquiring an additional 923,875 shares during the last quarter. M&T Bank Corp boosted its stake in iShares MSCI USA Quality Factor ETF by 3.6% during the 3rd 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. Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 12.1% during the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after buying an additional 349,044 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $337,131,000. Finally, Cerity Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.1% in the fourth quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock valued at $350,308,000 after buying an additional 49,521 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL traded down $0.42 on Thursday, reaching $157.14. 1,011,945 shares of the company’s stock were exchanged. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The stock has a market cap of $41.12 billion, a PE ratio of 23.32 and a beta of 1.04. The stock’s fifty day moving average price is $160.92 and its 200-day moving average price is $149.47.

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.