Fragasso Financial Advisors Inc Buys 9,028 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Fragasso Financial Advisors Inc grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 566,069 shares of the company’s stock after buying an additional 9,028 shares during the period. iShares MSCI USA Quality Factor ETF makes up 6.9% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 3rd biggest position. Fragasso Financial Advisors Inc owned approximately 0.20% of iShares MSCI USA Quality Factor ETF worth $111,216,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. TruWealth Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 5.7% during the third quarter. TruWealth Advisors LLC now owns 31,411 shares of the company’s stock valued at $6,109,000 after purchasing an additional 1,689 shares during the period. First Citizens Financial Corp boosted its position in shares of iShares MSCI USA Quality Factor ETF by 6.5% during the third quarter. First Citizens Financial Corp now owns 20,872 shares of the company’s stock worth $4,060,000 after purchasing an additional 1,277 shares in the last quarter. Dentgroup LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.7% in the 3rd quarter. Dentgroup LLC now owns 6,476 shares of the company’s stock valued at $1,260,000 after buying an additional 519 shares during the period. Helen Stephens Group LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 3rd quarter. Helen Stephens Group LLC now owns 223,004 shares of the company’s stock valued at $43,374,000 after buying an additional 2,911 shares during the period. Finally, Investors Research Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.4% in the 3rd quarter. Investors Research Corp now owns 7,156 shares of the company’s stock valued at $1,392,000 after buying an additional 496 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 12.3%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $198.38 on Wednesday. The stock’s fifty day simple moving average is $195.92 and its 200 day simple moving average is $189.59. The company has a market capitalization of $57.52 billion, a PE 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.

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.