180 Wealth Advisors LLC Makes New $232,000 Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

180 Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 1st quarter, Holdings Channel.com reports. The fund purchased 1,410 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock worth $3,936,223,000 after buying an additional 744,380 shares during the last quarter. UBS Group AG raised its position in iShares MSCI USA Quality Factor ETF by 4.9% in the fourth quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock valued at $629,175,000 after purchasing an additional 200,655 shares during the period. Wells Fargo & Company MN raised its position in iShares MSCI USA Quality Factor ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after purchasing an additional 897,256 shares during the period. M&T Bank Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock worth $539,416,000 after acquiring an additional 59,771 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after acquiring an additional 349,044 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.7 %

Shares of QUAL stock opened at $170.58 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company has a market cap of $45.02 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm has a fifty day moving average price of $165.56 and a 200 day moving average price of $158.93.

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.