Ironsides Asset Advisors LLC Acquires 4,625 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Ironsides Asset Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,228 shares of the company’s stock after acquiring an additional 4,625 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.7% of Ironsides Asset Advisors LLC’s portfolio, making the stock its 12th largest holding. Ironsides Asset Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,463,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Palo Alto Wealth Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 4.6% during the third quarter. Palo Alto Wealth Advisors LLC now owns 125,685 shares of the company’s stock valued at $24,700,000 after purchasing an additional 5,541 shares during the period. Integrity Advisory Solutions LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $3,729,000. M1 Capital Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. M1 Capital Management LLC now owns 49,230 shares of the company’s stock worth $9,575,000 after buying an additional 3,190 shares during the period. Advisory Alpha LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the 3rd quarter. Advisory Alpha LLC now owns 3,954 shares of the company’s stock valued at $777,000 after buying an additional 60 shares in the last quarter. Finally, Diversified Portfolios Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 47.7% during the 3rd quarter. Diversified Portfolios Inc. now owns 2,345 shares of the company’s stock valued at $456,000 after buying an additional 757 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.5%

Shares of BATS:QUAL opened at $198.66 on Friday. The stock has a 50 day moving average of $202.53 and a 200 day moving average of $197.23. The company has a market cap of $57.60 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65.

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.