1,847 Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Purchased by Fortress Financial Group LLC

Fortress Financial Group LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the first quarter, HoldingsChannel reports. The firm bought 1,847 shares of the company’s stock, valued at approximately $316,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Howe & Rusling Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.6% during the fourth quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock valued at $138,000 after purchasing an additional 55 shares in the last quarter. Bristlecone Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock valued at $3,065,000 after purchasing an additional 59 shares in the last quarter. Tucker Asset Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 11.5% during the fourth quarter. Tucker Asset Management LLC now owns 629 shares of the company’s stock valued at $112,000 after purchasing an additional 65 shares in the last quarter. Florida Financial Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock valued at $412,000 after purchasing an additional 66 shares in the last quarter. Finally, Private Portfolio Partners LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Private Portfolio Partners LLC now owns 4,095 shares of the company’s stock valued at $729,000 after purchasing an additional 68 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 2.2%

BATS QUAL opened at $180.45 on Friday. The stock’s 50 day moving average is $169.87 and its two-hundred day moving average is $176.77. The company has a market capitalization of $52.09 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

iShares MSCI USA Quality Factor ETF Company 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.