Kraft Davis & Associates LLC Increases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kraft Davis & Associates LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 51.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 67,561 shares of the company’s stock after purchasing an additional 22,818 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 3.1% of Kraft Davis & Associates LLC’s portfolio, making the stock its 9th biggest position. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,228,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of Montreal Can increased its position in iShares MSCI USA Quality Factor ETF by 16.3% in the first quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock worth $2,064,000 after buying an additional 2,119 shares during the last quarter. Blair William & Co. IL grew its stake in shares of iShares MSCI USA Quality Factor ETF by 143.9% during the 1st quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock worth $1,458,000 after acquiring an additional 6,389 shares during the period. Mather Group LLC. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $397,000. Prudential Financial Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 8.4% in the 1st quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock valued at $6,634,000 after acquiring an additional 3,812 shares during the period. Finally, AJ Wealth Strategies LLC boosted its position in iShares MSCI USA Quality Factor ETF by 4.2% during the first quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock worth $62,686,000 after purchasing an additional 18,557 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.5 %

Shares of BATS QUAL traded down $2.29 during midday trading on Friday, hitting $154.58. The company’s stock had a trading volume of 2,146,600 shares. The firm has a market capitalization of $40.45 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. The stock has a fifty day moving average price of $160.91 and a 200 day moving average price of $148.82. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.