iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 19.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,995 shares of the company’s stock after purchasing an additional 966 shares during the period. Kovack Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,075,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in QUAL. Oppenheimer & Co. Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 3.5% in the third quarter. Oppenheimer & Co. Inc. now owns 8,570 shares of the company’s stock valued at $1,537,000 after purchasing an additional 292 shares during the last quarter. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Haverford Trust Co raised its position in shares of iShares MSCI USA Quality Factor ETF by 5.1% in the 3rd quarter. Haverford Trust Co now owns 1,295,366 shares of the company’s stock valued at $232,259,000 after purchasing an additional 62,283 shares in the last quarter. Commonwealth Retirement Investments LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 3rd quarter. Commonwealth Retirement Investments LLC now owns 15,347 shares of the company’s stock valued at $2,752,000 after buying an additional 343 shares during the last quarter. Finally, First Heartland Consultants Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 21.3% during the third quarter. First Heartland Consultants Inc. now owns 11,295 shares of the company’s stock worth $2,025,000 after buying an additional 1,983 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $183.62 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm’s fifty day moving average price is $178.93 and its 200 day moving average price is $172.78. The stock has a market capitalization of $48.46 billion, a PE ratio of 23.03 and a beta of 1.03.

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.