Prime Capital Investment Advisors LLC Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Prime Capital Investment Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 483,014 shares of the company’s stock after acquiring an additional 20,481 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.2% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 21st largest position. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $95,936,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of QUAL. Hantz Financial Services Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $25,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $28,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth about $33,000. First Horizon Corp purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $36,000. Finally, Phillips Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $39,000.

iShares MSCI USA Quality Factor ETF Stock Up 2.9%

QUAL opened at $199.01 on Thursday. The company has a market capitalization of $57.70 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm has a 50-day moving average price of $198.92 and a 200-day moving average price of $198.04. iShares MSCI USA Quality Factor ETF has a twelve month low of $151.37 and a twelve month high of $205.65.

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.