Millburn Ridgefield Corp Increases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Millburn Ridgefield Corp boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 230,726 shares of the company’s stock after purchasing an additional 21,718 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.0% of Millburn Ridgefield Corp’s portfolio, making the stock its 22nd biggest position. Millburn Ridgefield Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $41,088,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $25,000. Barrett & Company Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

Shares of QUAL opened at $185.18 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a market capitalization of $48.87 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm has a 50 day moving average of $181.79 and a 200 day moving average 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.