Alpha Cubed Investments LLC Grows Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Alpha Cubed Investments LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,943 shares of the company’s stock after acquiring an additional 91 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $524,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. ADE LLC increased its stake in iShares MSCI USA Quality Factor ETF by 9.3% during the 4th quarter. ADE LLC now owns 33,973 shares of the company’s stock worth $6,050,000 after buying an additional 2,887 shares during the period. Aspiriant LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 12.4% in the fourth quarter. Aspiriant LLC now owns 1,848 shares of the company’s stock worth $329,000 after acquiring an additional 204 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 180.9% in the fourth quarter. Ballentine Partners LLC now owns 10,069 shares of the company’s stock worth $1,793,000 after acquiring an additional 6,485 shares in the last quarter. Pure Financial Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 10.2% during the fourth quarter. Pure Financial Advisors LLC now owns 125,064 shares of the company’s stock worth $22,271,000 after acquiring an additional 11,586 shares during the period. Finally, Amplius Wealth Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the fourth quarter. Amplius Wealth Advisors LLC now owns 9,716 shares of the company’s stock valued at $1,730,000 after acquiring an additional 86 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $182.10 on Wednesday. The company has a market cap of $48.05 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock’s 50-day moving average is $181.71 and its two-hundred day moving average is $177.88. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year 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.