Waverly Advisors LLC Buys 48,585 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Waverly Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 56.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,311 shares of the company’s stock after acquiring an additional 48,585 shares during the quarter. Waverly Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,762,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of QUAL. Advocate Investing Services LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.4%

BATS QUAL opened at $216.81 on Friday. The firm has a market capitalization of $62.86 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm’s fifty day moving average price is $216.10 and its two-hundred day moving average price is $206.81. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.65 and a 1 year high of $221.16.

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