iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Advocacy Wealth Management Services LLC

Advocacy Wealth Management Services LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 145.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 303,971 shares of the company’s stock after buying an additional 179,982 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 4.3% of Advocacy Wealth Management Services LLC’s holdings, making the stock its 3rd biggest holding. Advocacy Wealth Management Services LLC owned 0.12% of iShares MSCI USA Quality Factor ETF worth $49,958,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Citigroup Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 43.5% during the 3rd quarter. Citigroup Inc. now owns 8,325 shares of the company’s stock worth $1,097,000 after acquiring an additional 2,522 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in iShares MSCI USA Quality Factor ETF by 96.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,269 shares of the company’s stock worth $167,000 after purchasing an additional 622 shares during the period. O Shaughnessy Asset Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 29.1% during the third quarter. O Shaughnessy Asset Management LLC now owns 8,698 shares of the company’s stock worth $1,146,000 after purchasing an additional 1,962 shares during the period. Trexquant Investment LP acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $965,000. Finally, Beacon Bridge Wealth Partners LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $6,813,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock traded down $0.37 on Thursday, reaching $171.84. 760,176 shares of the stock were exchanged. The firm has a market cap of $45.35 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average is $164.95 and its 200-day moving average is $158.65. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.