iShares MSCI USA Quality Factor ETF $QUAL Stake Boosted by SNS Financial Group LLC

SNS Financial Group LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 778,626 shares of the company’s stock after acquiring an additional 3,253 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 13.2% of SNS Financial Group LLC’s investment portfolio, making the stock its largest holding. SNS Financial Group LLC owned approximately 0.27% of iShares MSCI USA Quality Factor ETF worth $151,443,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in iShares MSCI USA Quality Factor ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after purchasing an additional 50,889 shares during the period. Cerity Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the period. MML Investors Services LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 3,005,601 shares of the company’s stock valued at $584,589,000 after purchasing an additional 51,076 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock valued at $532,525,000 after purchasing an additional 76,969 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.5%

Shares of QUAL stock opened at $198.66 on Monday. The firm has a market cap of $57.60 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $205.65. The company’s 50 day moving average is $202.53 and its 200 day moving average is $197.37.

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.