Facet Wealth Inc. Purchases 53,888 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Facet Wealth Inc. grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,397,461 shares of the company’s stock after purchasing an additional 53,888 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 11.6% of Facet Wealth Inc.’s investment portfolio, making the stock its 2nd largest position. Facet Wealth Inc. owned 0.91% of iShares MSCI USA Quality Factor ETF worth $438,520,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in QUAL. Principal Financial Group Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 37.2% in the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after purchasing an additional 2,682 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,570 shares of the company’s stock valued at $1,537,000 after purchasing an additional 292 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 25.2% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,908 shares of the company’s stock valued at $521,000 after purchasing an additional 586 shares in the last quarter. KCM Investment Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 9,209 shares of the company’s stock valued at $1,651,000 after buying an additional 140 shares during the last quarter. Finally, Evolution Wealth Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $247,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $171.70 on Friday. The company has a 50 day simple moving average of $180.67 and a 200 day simple moving average of $180.40. The firm has a market cap of $48.74 billion, a PE ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1 year low of $154.17 and a 1 year high of $187.26.

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.