Madison Investment Advisors LLC Buys New Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Madison Investment Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 8,162 shares of the company’s stock, valued at approximately $1,453,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $25,000. BankPlus Trust Department acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $27,000. Rialto Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. MGB Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $39,000. Finally, Empowered Funds LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Down 2.9 %

BATS:QUAL opened at $171.60 on Friday. The firm has a market capitalization of $48.71 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a twelve month low of $154.17 and a twelve month high of $187.26. The stock’s 50 day moving average price is $179.96 and its two-hundred day moving average price is $180.20.

iShares MSCI USA Quality Factor ETF Company 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.