iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Family Asset Management LLC’s 2nd Largest Position

Family Asset Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,477 shares of the company’s stock after acquiring an additional 2,854 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 6.2% of Family Asset Management LLC’s holdings, making the stock its 2nd biggest position. Family Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,306,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of QUAL. Halpern Financial Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $26,000. Barrett & Company Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. Voisard Asset Management Group Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $29,000. Finally, Unique Wealth Strategies LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $37,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.0 %

Shares of iShares MSCI USA Quality Factor ETF stock traded up $1.80 during trading on Wednesday, reaching $178.69. The company’s stock had a trading volume of 828,545 shares. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market cap of $47.16 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s 50-day moving average is $178.19 and its two-hundred day moving average is $171.86.

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.