Financial Enhancement Group LLC Acquires 14,873 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Financial Enhancement Group LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 54.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 41,997 shares of the company’s stock after purchasing an additional 14,873 shares during the period. Financial Enhancement Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,690,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after acquiring an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $81,990,000. Bison Wealth LLC grew its stake in iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.1%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $213.19 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $179.01 and a 12-month high of $219.82. The stock has a market cap of $61.81 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $211.65 and its 200-day moving average is $204.01.

About iShares MSCI USA Quality Factor ETF

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.