Farther Finance Advisors LLC Acquires 26,600 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Farther Finance Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 208,795 shares of the company’s stock after acquiring an additional 26,600 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 0.6% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Farther Finance Advisors LLC owned about 0.07% of iShares MSCI USA Quality Factor ETF worth $40,611,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $29,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. Legacy Wealth Managment LLC ID acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. CX Institutional increased its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $40,000.

iShares MSCI USA Quality Factor ETF Trading Up 13.2%

QUAL opened at $199.90 on Tuesday. The stock has a market capitalization of $57.96 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 firm’s fifty day simple moving average is $196.25 and its 200 day simple moving average is $190.14.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.