iShares MSCI USA Quality Factor ETF (BATS:QUAL) Position Lifted by SNS Financial Group LLC

SNS Financial Group LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 744,106 shares of the company’s stock after purchasing an additional 27,788 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 13.6% of SNS Financial Group LLC’s holdings, making the stock its biggest holding. SNS Financial Group LLC owned approximately 0.28% of iShares MSCI USA Quality Factor ETF worth $132,510,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $186.15 on Thursday. The firm has a market cap of $49.12 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $181.79 and its 200-day moving average price is $179.74. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.