Northbridge Financial Group LLC Makes New $574,000 Investment in iShares MSCI USA Quality Factor ETF $QUAL

Northbridge Financial Group LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,889 shares of the company’s stock, valued at approximately $574,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $28,000. Ares Financial Consulting LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $32,000. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $209.55 on Wednesday. The firm has a market capitalization of $60.76 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50-day moving average is $201.19 and its two-hundred day moving average is $200.38. iShares MSCI USA Quality Factor ETF has a 1-year low of $173.00 and a 1-year high of $212.78.

iShares MSCI USA Quality Factor ETF Company 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.