PAX Financial Group LLC Buys 5,138 Shares of iShares MSCI USA Quality Factor ETF $QUAL

PAX Financial Group LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,003 shares of the company’s stock after purchasing an additional 5,138 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.1% of PAX Financial Group LLC’s investment portfolio, making the stock its 10th biggest holding. PAX Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Two Sigma Investments LP increased its position in iShares MSCI USA Quality Factor ETF by 99.7% in 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. raised its stake in iShares MSCI USA Quality Factor ETF by 403.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after buying an additional 887,478 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after acquiring an additional 778,465 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 132.4% in the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after acquiring an additional 595,017 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $218.43 on Friday. The stock has a market capitalization of $63.33 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.55 and a 52 week high of $220.24. The stock has a 50 day moving average price of $213.27 and a two-hundred day moving average price of $204.84.

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.