Palisade Asset Management LLC Buys New Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Palisade Asset Management LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,432 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.2% during the fourth quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock worth $24,914,000 after acquiring an additional 1,997 shares during the last quarter. Western Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 6.8% during the third quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock worth $4,508,000 after buying an additional 2,163 shares during the period. Millington Financial Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock valued at $2,863,000 after acquiring an additional 296 shares during the last quarter. Mather Group LLC. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 111.8% in the fourth quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock valued at $730,000 after acquiring an additional 2,618 shares during the period. Finally, Spire Wealth Management boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the 4th quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock worth $14,110,000 after purchasing an additional 4,236 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.3 %

iShares MSCI USA Quality Factor ETF stock traded up $0.52 during midday trading on Tuesday, reaching $161.86. The stock had a trading volume of 1,449,606 shares. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a fifty day moving average of $161.00 and a 200 day moving average of $151.10. The firm has a market cap of $42.71 billion, a price-to-earnings 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.