iShares MSCI USA Quality Factor ETF (BATS:QUAL) is CFO4Life Group LLC’s 4th Largest Position

CFO4Life Group LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,764 shares of the company’s stock after purchasing an additional 5,214 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 5.3% of CFO4Life Group LLC’s holdings, making the stock its 4th largest position. CFO4Life Group LLC owned about 0.07% of iShares MSCI USA Quality Factor ETF worth $29,216,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. VisionPoint Advisory Group LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $28,000. MCF Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $37,000. Thompson Investment Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $34,000. Finally, City State Bank boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 123.7% during the 1st quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after purchasing an additional 141 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL traded down $1.61 during midday trading on Friday, hitting $173.05. 861,376 shares of the company traded hands. The firm has a 50 day moving average of $168.31 and a 200-day moving average of $160.56. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a market cap of $45.67 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.