Concourse Financial Group Securities Inc. Purchases 14,084 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Concourse Financial Group Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 202,648 shares of the company’s stock after buying an additional 14,084 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.1% of Concourse Financial Group Securities Inc.’s holdings, making the stock its 5th biggest holding. Concourse Financial Group Securities Inc. owned about 0.08% of iShares MSCI USA Quality Factor ETF worth $37,230,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after buying an additional 66 shares during the last quarter. Wells Financial Advisors INC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 7.5% in the 4th quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock valued at $3,233,000 after purchasing an additional 1,260 shares in the last quarter. Ellis Investment Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 13.1% during the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after purchasing an additional 1,481 shares during the last quarter. PFG Advisors increased its holdings in iShares MSCI USA Quality Factor ETF by 3.2% in the fourth quarter. PFG Advisors now owns 102,691 shares of the company’s stock valued at $18,287,000 after buying an additional 3,189 shares during the last quarter. Finally, Foundry Financial Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Foundry Financial Group Inc. now owns 37,695 shares of the company’s stock valued at $6,713,000 after buying an additional 239 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 8.6 %

Shares of QUAL opened at $161.38 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The firm has a market cap of $45.73 billion, a price-to-earnings ratio of 26.25 and a beta of 1.05. The stock has a 50 day moving average of $172.88 and a 200-day moving average of $178.58.

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.