Petix & Botte Co Acquires Shares of 1,361 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Petix & Botte Co acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,361 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after buying an additional 923,875 shares during the period. M&T Bank Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock worth $539,416,000 after buying an additional 59,771 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 12.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after buying an additional 349,044 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $337,131,000. Finally, Cerity Partners LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 2.1% in the 4th quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock worth $350,308,000 after purchasing an additional 49,521 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded up $2.12 during mid-day trading on Monday, hitting $161.31. The company’s stock had a trading volume of 1,093,244 shares. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a market cap of $42.57 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a 50-day moving average price of $160.96 and a 200 day moving average price of $150.88.

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.