Keystone Financial Services Has $18.08 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Keystone Financial Services raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,512 shares of the company’s stock after acquiring an additional 1,496 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 6.9% of Keystone Financial Services’ investment portfolio, making the stock its 4th largest holding. Keystone Financial Services’ holdings in iShares MSCI USA Quality Factor ETF were worth $18,077,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of QUAL. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $25,000. Barrett & Company Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

Shares of QUAL stock opened at $185.18 on Monday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market capitalization of $48.87 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a 50 day moving average price of $181.79 and a two-hundred day moving average price of $179.46.

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.