4,646 Shares in iShares MSCI USA Quality Factor ETF $QUAL Bought by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,646 shares of the company’s stock, valued at approximately $904,000.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $81,990,000. Bison Wealth LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after acquiring an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after acquiring an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $203.74 on Tuesday. The business’s fifty day moving average price is $199.44 and its 200 day moving average price is $193.81. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The stock has a market capitalization of $59.08 billion, a PE ratio of 25.59 and a beta of 1.05.

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.