Naples Global Advisors LLC Buys New Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Naples Global Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,713 shares of the company’s stock, valued at approximately $305,000.

Several other institutional investors also recently bought and sold shares of QUAL. FMR LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares during the period. LPL Financial LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares during the period. M&T Bank Corp lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the period. MML Investors Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after purchasing an additional 170,321 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.2% in the 3rd quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after purchasing an additional 173,127 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

QUAL opened at $185.18 on Friday. The stock has a market cap of $48.87 billion, a PE ratio of 23.03 and a beta of 1.03. The business has a 50 day moving average of $181.80 and a 200-day moving average of $179.22. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.