Farther Finance Advisors LLC Purchases 17,845 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Farther Finance Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 177,047 shares of the company’s stock after purchasing an additional 17,845 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.1% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Farther Finance Advisors LLC owned approximately 0.07% of iShares MSCI USA Quality Factor ETF worth $31,528,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $25,000. OLD Second National Bank of Aurora bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. BankPlus Trust Department bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $27,000. Rialto Wealth Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $32,000. Finally, MGB Wealth Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $170.91 on Wednesday. The business’s 50 day simple moving average is $181.13 and its 200 day simple moving average is $180.57. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26. The stock has a market capitalization of $47.46 billion, a PE ratio of 28.36 and a beta of 1.04.

iShares MSCI USA Quality Factor ETF 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.