38,757 Shares in iShares MSCI USA Quality Factor ETF $QUAL Acquired by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 38,757 shares of the company’s stock, valued at approximately $7,086,000. iShares MSCI USA Quality Factor ETF comprises approximately 2.8% of Elevation Capital Advisory LLC’s portfolio, making the stock its 15th biggest holding.

Several other hedge funds also recently modified their holdings of the business. Keener Financial Planning LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $29,000. Cullen Frost Bankers Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 84.2% during the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after buying an additional 80 shares in the last quarter. CX Institutional lifted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. Finally, BankPlus Trust Department boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after acquiring an additional 90 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $193.56 on Monday. The business’s 50-day simple moving average is $191.15 and its 200-day simple moving average is $181.19. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The firm has a market cap of $56.12 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.