Avalon Capital Management Purchases 22,606 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Avalon Capital Management lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 240.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,008 shares of the company’s stock after purchasing an additional 22,606 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 2.2% of Avalon Capital Management’s portfolio, making the stock its 14th largest holding. Avalon Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,261,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Richardson Capital Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $60,000. Physician Wealth Advisors Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the first quarter. Physician Wealth Advisors Inc. now owns 106,460 shares of the company’s stock worth $16,855,000 after purchasing an additional 4,468 shares in the last quarter. Founders Financial Securities LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.2% during the first quarter. Founders Financial Securities LLC now owns 93,271 shares of the company’s stock worth $15,329,000 after purchasing an additional 16,287 shares in the last quarter. Atticus Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 23.0% in the first quarter. Atticus Wealth Management LLC now owns 6,344 shares of the company’s stock valued at $1,043,000 after acquiring an additional 1,187 shares during the last quarter. Finally, MCF Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the first quarter valued at about $37,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded down $0.98 during mid-day trading on Friday, hitting $170.76. 1,007,535 shares of the stock were exchanged. The business has a fifty day moving average price of $165.56 and a 200 day moving average price of $159.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market capitalization of $45.06 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.