Fischer Investment Strategies LLC Invests $338,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Fischer Investment Strategies LLC acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, HoldingsChannel.com reports. The fund acquired 1,887 shares of the company’s stock, valued at approximately $338,000. iShares MSCI USA Quality Factor ETF comprises 0.3% of Fischer Investment Strategies LLC’s holdings, making the stock its 26th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Provident Investment Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after acquiring an additional 614 shares during the period. Annandale Capital LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after acquiring an additional 363 shares during the period. Calamos Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the second quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock worth $295,000 after acquiring an additional 365 shares during the period. Crestwood Advisors Group LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 103.2% in the second quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after acquiring an additional 11,711 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 2,934,135 shares of the company’s stock worth $482,225,000 after acquiring an additional 117,940 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $179.76 on Friday. The stock’s 50 day moving average is $177.94 and its 200 day moving average is $170.79. The firm has a market cap of $47.44 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.