Level Four Advisory Services LLC Has $1.39 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Level Four Advisory Services LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 105.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,607 shares of the company’s stock after purchasing an additional 3,896 shares during the period. Level Four Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,391,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in QUAL. Keener Financial Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $29,000. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $37,000. CX Institutional grew its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at about $40,000. Finally, Cheviot Value Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the first quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Stock Up 12.2%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $198.23 on Friday. The stock has a market capitalization of $57.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a 50-day simple moving average of $194.79 and a two-hundred day simple moving average of $187.65.

iShares MSCI USA Quality Factor ETF 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.