Bristlecone Advisors LLC Grows Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bristlecone Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,214 shares of the company’s stock after purchasing an additional 59 shares during the period. Bristlecone Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. AQR Capital Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the 2nd quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock worth $444,000 after acquiring an additional 189 shares during the last quarter. Alpha Financial Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 903.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after buying an additional 34,820 shares in the last quarter. HCR Wealth Advisors boosted its position in iShares MSCI USA Quality Factor ETF by 14.9% in the 3rd quarter. HCR Wealth Advisors now owns 1,578 shares of the company’s stock valued at $283,000 after buying an additional 205 shares during the period. Kings Path Partners LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $54,000. Finally, Exchange Bank increased its position in shares of iShares MSCI USA Quality Factor ETF by 31.6% during the third quarter. Exchange Bank now owns 2,184 shares of the company’s stock worth $392,000 after acquiring an additional 524 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $182.89 on Monday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market capitalization of $48.26 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50 day moving average price of $181.94 and a 200 day moving average price of $178.84.

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.