Fisher Asset Management LLC Grows Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Fisher Asset Management LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 129.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,175 shares of the company’s stock after buying an additional 4,048 shares during the period. Fisher Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,425,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $25,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $28,000. Ares Financial Consulting LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $30,000. Decker Retirement Planning Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $32,000. Finally, Ransom Advisory Ltd purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $215.49 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $175.20 and a fifty-two week high of $216.44. The company has a fifty day moving average of $203.92 and a two-hundred day moving average of $201.43. The stock has a market capitalization of $62.48 billion, a price-to-earnings 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.