Benningfield Financial Advisors LLC Makes New $1.44 Million Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Benningfield Financial Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, Holdings Channel reports. The firm bought 8,077 shares of the company’s stock, valued at approximately $1,438,000. iShares MSCI USA Quality Factor ETF makes up 1.4% of Benningfield Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest holding.

Other hedge funds have also made changes to their positions in the company. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $25,000. Barrett & Company Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd 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 3rd quarter worth $27,000. Finally, Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $182.67 on Friday. The stock has a market capitalization of $48.21 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business has a fifty day moving average price of $181.78 and a 200 day moving average price of $179.92.

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.