iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 260.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,799 shares of the company’s stock after purchasing an additional 208,033 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.3% of Summit Trail Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Summit Trail Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $49,145,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Carnegie Investment Counsel boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after purchasing an additional 61 shares during the period. Bristlecone Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after buying an additional 63 shares during the last quarter. Integrated Advisors Network LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.9% during the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock valued at $1,110,000 after acquiring an additional 66 shares in the last quarter. NBC Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 27.2% during the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after acquiring an additional 66 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock worth $349,000 after acquiring an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.3 %

Shares of BATS QUAL opened at $178.40 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The business has a 50 day moving average price of $172.96 and a two-hundred day moving average price of $167.78. The firm has a market cap of $47.08 billion, a PE ratio of 23.03 and a beta of 1.03.

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.