iShares MSCI USA Quality Factor ETF $QUAL is First Citizens Financial Corp’s 10th Largest Position

First Citizens Financial Corp grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,763 shares of the company’s stock after purchasing an additional 2,617 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.4% of First Citizens Financial Corp’s holdings, making the stock its 10th largest holding. First Citizens Financial Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,653,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares during the last quarter. Two Sigma Investments LP lifted its holdings in iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock valued at $375,735,000 after buying an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 403.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after buying an additional 887,478 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $81,990,000. Finally, Orion Porfolio Solutions LLC grew its stake in iShares MSCI USA Quality Factor ETF by 298.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after acquiring an additional 406,488 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $224.83 on Thursday. The firm has a market cap of $65.19 billion, a PE ratio of 25.59 and a beta of 1.05. The firm’s 50 day simple moving average is $217.22 and its 200-day simple moving average is $207.81. iShares MSCI USA Quality Factor ETF has a one year low of $183.28 and a one year high of $227.16.

iShares MSCI USA Quality Factor ETF 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.