Kraft Davis & Associates LLC Buys 521 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kraft Davis & Associates LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,167 shares of the company’s stock after buying an additional 521 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 4.4% of Kraft Davis & Associates LLC’s holdings, making the stock its 3rd largest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,757,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Howe & Rusling Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 7.6% during the 4th quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock valued at $138,000 after purchasing an additional 55 shares in the last quarter. Tucker Asset Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 11.5% in the fourth quarter. Tucker Asset Management LLC now owns 629 shares of the company’s stock valued at $112,000 after buying an additional 65 shares in the last quarter. Florida Financial Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock valued at $412,000 after buying an additional 66 shares in the last quarter. Private Portfolio Partners LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. Private Portfolio Partners LLC now owns 4,095 shares of the company’s stock valued at $729,000 after buying an additional 68 shares during the last quarter. Finally, KMG Fiduciary Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 5.4% during the 1st quarter. KMG Fiduciary Partners LLC now owns 1,374 shares of the company’s stock worth $235,000 after buying an additional 70 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 1.5%

Shares of BATS:QUAL opened at $179.33 on Thursday. The firm has a market cap of $52.00 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company’s 50-day moving average price is $174.30 and its two-hundred day moving average price is $176.19.

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.