First Foundation Advisors Takes $5.34 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

First Foundation Advisors purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 29,959 shares of the company’s stock, valued at approximately $5,335,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. FRG Family Wealth Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 18.0% in the 4th quarter. FRG Family Wealth Advisors LLC now owns 5,245 shares of the company’s stock valued at $934,000 after acquiring an additional 800 shares during the period. Blue Edge Capital LLC increased its stake in iShares MSCI USA Quality Factor ETF by 3.0% during the 4th quarter. Blue Edge Capital LLC now owns 56,553 shares of the company’s stock worth $10,071,000 after buying an additional 1,658 shares during the period. Bessemer Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 14.8% during the 4th quarter. Bessemer Group Inc. now owns 4,812 shares of the company’s stock worth $857,000 after buying an additional 619 shares during the period. Maxwell Wealth Strategies Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 9.1% during the 4th quarter. Maxwell Wealth Strategies Inc. now owns 35,239 shares of the company’s stock worth $6,275,000 after buying an additional 2,953 shares during the period. Finally, Kraft Davis & Associates LLC increased its stake in iShares MSCI USA Quality Factor ETF by 8.2% during the 4th quarter. Kraft Davis & Associates LLC now owns 84,646 shares of the company’s stock worth $15,543,000 after buying an additional 6,426 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 7.0 %

Shares of QUAL opened at $164.28 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The firm’s 50 day moving average price is $175.34 and its 200 day moving average price is $179.23. The company has a market cap of $46.56 billion, a P/E ratio of 26.25 and a beta of 1.05.

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.