Sovran Advisors LLC Purchases 3,104 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sovran Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,060 shares of the company’s stock after purchasing an additional 3,104 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.2% of Sovran Advisors LLC’s portfolio, making the stock its 12th largest holding. Sovran Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,349,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Brighton Jones LLC grew its stake in iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after acquiring an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after purchasing an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

Shares of QUAL traded up $1.19 during mid-day trading on Friday, reaching $219.69. 1,370,117 shares of the stock traded hands, compared to its average volume of 1,894,405. The company has a market cap of $63.70 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.55 and a 1 year high of $220.24. The firm has a fifty day moving average price of $214.46 and a 200 day moving average price of $205.54.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.