Fortis Capital Management LLC Boosts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Fortis Capital Management LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,421 shares of the company’s stock after purchasing an additional 73 shares during the quarter. Fortis Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,379,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Halpern Financial Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $26,000. Barrett & Company Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $27,000. Finally, Centennial Bank AR acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.2 %

Shares of BATS:QUAL opened at $183.62 on Thursday. The business has a 50-day moving average price of $178.93 and a 200-day moving average price of $172.78. The stock has a market cap of $48.46 billion, a price-to-earnings 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.

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.