Cornerstone Advisors Asset Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 12.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,027 shares of the company’s stock after purchasing an additional 3,331 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.1% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 22nd biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,035,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the stock. Keener Financial Planning LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $29,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth about $33,000. First Horizon Corp bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $36,000. Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $39,000. Finally, Legacy Investment Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $40,000.
iShares MSCI USA Quality Factor ETF Stock Performance
BATS:QUAL opened at $203.69 on Tuesday. The firm has a market cap of $59.06 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The firm has a 50-day simple moving average of $200.67 and a two-hundred day simple moving average of $194.52.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Gold’s getting scarce.
- End of America Update
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
