Frisch Financial Group Inc. Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Frisch Financial Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 244.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,395 shares of the company’s stock after purchasing an additional 42,169 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 2.4% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 11th largest holding. Frisch Financial Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,393,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in QUAL. WealthBridge Capital Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after acquiring an additional 50 shares during the period. Empire Life Investments Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after purchasing an additional 50 shares in the last quarter. Tompkins Financial Corp grew its position in iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after buying an additional 52 shares during the period. Sunbelt Securities Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after acquiring an additional 52 shares during the period. Finally, First Command Advisory Services Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after purchasing an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.4%

Shares of BATS QUAL opened at $220.66 on Friday. The company’s 50-day simple moving average is $215.34 and its 200-day simple moving average is $206.11. iShares MSCI USA Quality Factor ETF has a 52-week low of $181.65 and a 52-week high of $221.16. The firm has a market cap of $63.98 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.