iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Avalon Capital Management

Avalon Capital Management grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 240.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 32,008 shares of the company’s stock after acquiring an additional 22,606 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 2.2% of Avalon Capital Management’s holdings, making the stock its 14th largest position. Avalon Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,261,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of QUAL. VisionPoint Advisory Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $28,000. Thompson Investment Management Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $34,000. MCF Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $37,000. Finally, City State Bank grew its position in iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after buying an additional 141 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL traded down $0.98 during trading hours on Friday, hitting $170.76. 1,007,535 shares of the company were exchanged. The firm has a fifty day simple moving average of $165.56 and a 200-day simple moving average of $159.03. The company has a market capitalization of $45.06 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.