Capital Investment Advisors LLC Raises Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Capital Investment Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 26.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 11,936 shares of the company’s stock after acquiring an additional 2,484 shares during the period. Capital Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,140,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in QUAL. Moss Adams Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $673,000. Accurate Wealth Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $585,000. Stratos Wealth Partners LTD. lifted its position in iShares MSCI USA Quality Factor ETF by 13.4% during the third quarter. Stratos Wealth Partners LTD. now owns 262,565 shares of the company’s stock valued at $47,078,000 after purchasing an additional 31,013 shares during the last quarter. Orgel Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 71.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after buying an additional 515,998 shares in the last quarter. Finally, Inspire Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.6% in the 3rd quarter. Inspire Advisors LLC now owns 2,872 shares of the company’s stock worth $515,000 after buying an additional 127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $182.42 on Friday. 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 fifty day moving average of $177.09 and a 200-day moving average of $170.15. The company has a market capitalization of $48.14 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.