Principal Securities Inc. Buys 21,410 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Principal Securities Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,994 shares of the company’s stock after purchasing an additional 21,410 shares during the period. Principal Securities Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,648,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MML Investors Services LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after acquiring an additional 44,952 shares in the last quarter. Facet Wealth Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after acquiring an additional 259,414 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the third quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock valued at $417,413,000 after acquiring an additional 43,309 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after acquiring an additional 62,154 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 1.7%

BATS QUAL opened at $215.90 on Friday. The company has a market cap of $62.60 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 $175.20 and a 52 week high of $217.65. The business has a 50 day moving average price of $208.14 and a 200-day moving average price of $202.84.

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.