iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 168,275 shares of the company’s stock after purchasing an additional 3,366 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 7.1% of Pettinga Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. Pettinga Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,172,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its position in iShares MSCI USA Quality Factor ETF by 389.4% during the first quarter. BNP Paribas Financial Markets now owns 788 shares of the company’s stock valued at $130,000 after buying an additional 627 shares in the last quarter. Blair William & Co. IL boosted its position in iShares MSCI USA Quality Factor ETF by 16.0% during the 1st quarter. Blair William & Co. IL now owns 13,701 shares of the company’s stock worth $2,252,000 after purchasing an additional 1,889 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 364.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 39,322 shares of the company’s stock valued at $6,463,000 after purchasing an additional 30,860 shares in the last quarter. Bessemer Group Inc. raised its position in iShares MSCI USA Quality Factor ETF by 169.3% in the first quarter. Bessemer Group Inc. now owns 2,418 shares of the company’s stock valued at $396,000 after purchasing an additional 1,520 shares during the period. Finally, Lake Street Advisors Group LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $1,150,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $179.56 on Monday. The stock has a 50-day simple moving average of $179.50 and a 200-day simple moving average of $173.18. The firm has a market cap of $47.39 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.