MeadowBrook Investment Advisors LLC Takes $181,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MeadowBrook Investment Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,016 shares of the company’s stock, valued at approximately $181,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. Barrett & Company Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.4 %

Shares of QUAL opened at $184.38 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market capitalization of $48.66 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a fifty day simple moving average of $181.90 and a two-hundred day simple moving average of $179.03.

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.