Private Advisor Group LLC Has $77.65 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Private Advisor Group LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 404,816 shares of the company’s stock after purchasing an additional 4,412 shares during the period. Private Advisor Group LLC owned approximately 0.14% of iShares MSCI USA Quality Factor ETF worth $77,648,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $25,000. Resources Management Corp CT ADV bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $218.43 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.55 and a 1 year high of $220.24. The stock has a market capitalization of $63.33 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50 day simple moving average is $213.05 and its 200 day simple moving average is $204.74.

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.