Cetera Investment Advisers Buys 40,500 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cetera Investment Advisers increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,013,466 shares of the company’s stock after buying an additional 40,500 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.7% of Cetera Investment Advisers’ investment portfolio, making the stock its 15th biggest position. Cetera Investment Advisers owned about 0.76% of iShares MSCI USA Quality Factor ETF worth $358,558,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Howe & Rusling Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 7.6% in the fourth quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock valued at $138,000 after purchasing an additional 55 shares in the last quarter. Rosenberg Matthew Hamilton grew its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after purchasing an additional 59 shares in the last quarter. Bristlecone Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after purchasing an additional 59 shares during the period. Tucker Asset Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 11.5% during the fourth quarter. Tucker Asset Management LLC now owns 629 shares of the company’s stock valued at $112,000 after buying an additional 65 shares during the period. Finally, Sheridan Capital Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock worth $2,054,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 2.8 %

Shares of BATS QUAL opened at $171.64 on Tuesday. The firm has a market capitalization of $48.74 billion, a P/E ratio of 25.45 and a beta of 1.05. The stock’s 50-day simple moving average is $168.64 and its two-hundred day simple moving average is $177.46. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26.

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.