Beacon Advisors Holdings LLC Purchases Shares of 41,059 iShares MSCI USA Quality Factor ETF $QUAL

Beacon Advisors Holdings LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 41,059 shares of the company’s stock, valued at approximately $8,155,000. iShares MSCI USA Quality Factor ETF accounts for 4.3% of Beacon Advisors Holdings LLC’s holdings, making the stock its 10th biggest holding.

A number of other institutional investors also recently modified their holdings of the company. OakTrust Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $389,000. 46 Peaks LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $555,000. BDFS Capital LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $259,000. Tempo Wealth LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $5,271,000. Finally, MidFirst Bank acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $179,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $215.89 on Friday. The stock has a market capitalization of $62.60 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average of $210.49 and a two-hundred day moving average of $203.56. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $219.82.

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.