Evolution Wealth Advisors LLC Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Evolution Wealth Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,375 shares of the company’s stock, valued at approximately $247,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. Halpern Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $26,000. Barrett & Company Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. Finally, Centennial Bank AR bought a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Down 1.6 %

Shares of QUAL stock opened at $179.56 on Friday. The company has a 50 day moving average price of $179.32 and a 200-day moving average price of $172.93. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a market capitalization of $47.39 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.