Glen Eagle Advisors LLC Has $2.85 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Glen Eagle Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 62.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,364 shares of the company’s stock after buying an additional 5,528 shares during the quarter. Glen Eagle Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,853,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. Advocate Investing Services LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $216.91 on Friday. The firm has a fifty day simple moving average of $208.62 and a 200-day simple moving average of $202.94. iShares MSCI USA Quality Factor ETF has a 1-year low of $175.20 and a 1-year high of $217.65. The stock has a market capitalization of $62.89 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF 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.