Genesis Wealth Advisors LLC Invests $898,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Genesis Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, HoldingsChannel reports. The firm acquired 5,041 shares of the company’s stock, valued at approximately $898,000. iShares MSCI USA Quality Factor ETF comprises 0.8% of Genesis Wealth Advisors LLC’s holdings, making the stock its 24th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in QUAL. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $25,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. Voisard Asset Management Group Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. OLD Second National Bank of Aurora acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. Finally, Centennial Bank AR acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 3.4 %

Shares of QUAL stock opened at $182.67 on Monday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The firm’s fifty day moving average price is $181.78 and its two-hundred day moving average price is $180.14. The firm has a market capitalization of $48.21 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.