Simplicity Wealth LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Simplicity Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 340.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 44,131 shares of the company’s stock after purchasing an additional 34,117 shares during the period. Simplicity Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,542,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of QUAL. BankPlus Trust Department acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $27,000. Rialto Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. CoreFirst Bank & Trust purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. Bellwether Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. Finally, Mascagni Wealth Management Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $179.90 on Tuesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The stock has a market cap of $51.93 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. The firm’s 50 day moving average price is $170.02 and its two-hundred day moving average price is $176.71.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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