IFS Group LLC Acquires Shares of 7,435 iShares MSCI USA Quality Factor ETF $QUAL

IFS Group LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 7,435 shares of the company’s stock, valued at approximately $1,426,000. iShares MSCI USA Quality Factor ETF accounts for about 1.3% of IFS Group LLC’s investment portfolio, making the stock its 23rd largest position.

Other large investors have also modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 17.4% in the first quarter. EverSource Wealth Advisors LLC now owns 12,828 shares of the company’s stock valued at $2,460,000 after acquiring an additional 1,904 shares during the period. Royal Bank of Canada increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 1st quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock valued at $340,861,000 after purchasing an additional 49,616 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 32.1% in the 1st quarter. Empowered Funds LLC now owns 3,264 shares of the company’s stock valued at $626,000 after purchasing an additional 794 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 14.2% in the first quarter. Quantinno Capital Management LP now owns 74,632 shares of the company’s stock valued at $14,315,000 after purchasing an additional 9,262 shares during the period. Finally, Gateway Wealth Partners LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 217.6% in the first quarter. Gateway Wealth Partners LLC now owns 54,766 shares of the company’s stock valued at $10,505,000 after purchasing an additional 37,523 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.1%

QUAL stock opened at $215.98 on Thursday. The company’s 50-day moving average price is $216.48 and its 200 day moving average price is $207.16. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.65 and a 52 week high of $221.16. The company has a market cap of $62.62 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.