Dynamic Advisor Solutions LLC Has $2.24 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Dynamic Advisor Solutions LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 10,201 shares of the company’s stock after buying an additional 3,086 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,238,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empire Life Investments Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after acquiring an additional 50 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after acquiring an additional 52 shares during the last quarter. First Command Advisory Services Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares in the last quarter. Northwest Financial Advisors lifted its stake in iShares MSCI USA Quality Factor ETF by 3.8% in the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after purchasing an additional 53 shares in the last quarter. Finally, Signature Equity Partners LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 12.6% during the 1st quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock worth $94,000 after purchasing an additional 55 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $225.69 on Friday. The stock’s fifty day moving average is $217.61 and its two-hundred day moving average is $208.08. The firm has a market capitalization of $65.44 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $184.60 and a fifty-two week high of $227.16.

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.