61,058 Shares in iShares MSCI USA Quality Factor ETF $QUAL Acquired by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 61,058 shares of the company’s stock, valued at approximately $12,127,000. iShares MSCI USA Quality Factor ETF makes up about 5.0% of Elevation Capital Advisory LLC’s holdings, making the stock its 3rd biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WealthBridge Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after buying an additional 50 shares in the last quarter. Almanack Investment Partners LLC. grew its holdings in iShares MSCI USA Quality Factor ETF by 0.4% in the 3rd quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock valued at $2,541,000 after buying an additional 52 shares in the last quarter. Tompkins Financial Corp grew its holdings in iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after buying an additional 52 shares in the last quarter. Atlas Brown Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 2.0% in the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after buying an additional 57 shares in the last quarter. Finally, Members Trust Co grew its holdings in iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after buying an additional 57 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $204.37 on Thursday. The stock’s fifty day moving average price is $198.82 and its two-hundred day moving average price is $198.36. iShares MSCI USA Quality Factor ETF has a one year low of $156.13 and a one year high of $205.65. The firm has a market cap of $59.26 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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