iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Bellevue Asset Management LLC

Bellevue Asset Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 120.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 302 shares of the company’s stock after buying an additional 165 shares during the period. Bellevue Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $54,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Opulen Financial Group LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $1,189,000. Pinnacle Wealth Planning Services Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $549,000. Washington Trust Advisors Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $51,000. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $331,412,000. Finally, Dana Investment Advisors Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 14.5% in the fourth quarter. Dana Investment Advisors Inc. now owns 6,753 shares of the company’s stock worth $1,203,000 after acquiring an additional 856 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $179.31 on Thursday. The firm’s 50 day simple moving average is $181.66 and its 200-day simple moving average is $180.60. The company has a market cap of $49.79 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26.

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.