Skyline Advisors Inc. Invests $14.60 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Skyline Advisors Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 99,211 shares of the company’s stock, valued at approximately $14,598,000. iShares MSCI USA Quality Factor ETF comprises approximately 7.0% of Skyline Advisors Inc.’s holdings, making the stock its 5th biggest holding.

A number of other large investors also recently modified their holdings of QUAL. Baystate Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.2% during the fourth quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock worth $24,914,000 after acquiring an additional 1,997 shares in the last quarter. Millington Financial Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock worth $2,863,000 after acquiring an additional 296 shares in the last quarter. Mather Group LLC. raised its stake in iShares MSCI USA Quality Factor ETF by 111.8% during the fourth quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock worth $730,000 after acquiring an additional 2,618 shares in the last quarter. Spire Wealth Management raised its stake in iShares MSCI USA Quality Factor ETF by 4.7% during the fourth quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock worth $14,110,000 after acquiring an additional 4,236 shares in the last quarter. Finally, MA Private Wealth raised its stake in iShares MSCI USA Quality Factor ETF by 50.6% during the fourth quarter. MA Private Wealth now owns 272,596 shares of the company’s stock worth $40,110,000 after acquiring an additional 91,571 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock traded up $1.36 during trading hours on Monday, hitting $172.49. 813,672 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $163.21 and its 200-day moving average is $157.25. The stock has a market cap of $45.52 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

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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