First Trust Direct Indexing L.P. Invests $1.26 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

First Trust Direct Indexing L.P. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,644 shares of the company’s stock, valued at approximately $1,256,000.

A number of other large investors have also recently modified their holdings of the business. Bedel Financial Consulting Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock worth $3,009,000 after buying an additional 65 shares during the last quarter. Integrated Advisors Network LLC boosted 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 purchasing an additional 66 shares in the last quarter. NBC Securities Inc. grew its holdings 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 purchasing an additional 66 shares during the last quarter. Carolinas Wealth Consulting LLC increased 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 valued at $349,000 after buying an additional 67 shares during the period. Finally, JNBA Financial Advisors increased its stake in shares of iShares MSCI USA Quality Factor ETF by 14.0% in the fourth quarter. JNBA Financial Advisors now owns 563 shares of the company’s stock valued at $83,000 after buying an additional 69 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $172.21 on Friday. The firm has a 50 day moving average price of $166.73 and a two-hundred day moving average price of $159.64. The stock has a market cap of $45.45 billion, a P/E 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.

About iShares MSCI USA Quality Factor ETF

(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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