IFP Advisors Inc Acquires 3,016 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

IFP Advisors Inc increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,552 shares of the company’s stock after acquiring an additional 3,016 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $25,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Finally, Centennial Bank AR purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.4 %

Shares of BATS QUAL opened at $182.67 on Monday. The firm’s 50-day moving average price is $181.78 and its 200-day moving average price is $180.14. The company has a market cap of $48.21 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.