Savvy Advisors Inc. Purchases 8,370 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Savvy Advisors Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 51.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,697 shares of the company’s stock after purchasing an additional 8,370 shares during the period. Savvy Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,803,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Almanack Investment Partners LLC. raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after purchasing an additional 52 shares during the period. Cape Investment Advisory Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock worth $460,000 after buying an additional 57 shares during the last quarter. Atlas Brown Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after purchasing an additional 57 shares during the period. NorthCrest Asset Manangement LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 4.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after buying an additional 58 shares during the last quarter. Finally, GFG Capital LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after purchasing an additional 59 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $203.79 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.48. The business has a 50-day moving average of $201.34 and a 200 day moving average of $195.30. The firm has a market cap of $59.09 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.