iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by SNS Financial Group LLC

SNS Financial Group LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 775,373 shares of the company’s stock after acquiring an additional 20,271 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 13.5% of SNS Financial Group LLC’s holdings, making the stock its largest position. SNS Financial Group LLC owned 0.27% of iShares MSCI USA Quality Factor ETF worth $141,754,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in QUAL. Brighton Jones LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th 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 acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares in the last quarter. Financial Counselors Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 128.5% in the 1st quarter. Financial Counselors Inc. now owns 7,613 shares of the company’s stock worth $1,301,000 after acquiring an additional 4,281 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 5.3% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 2,831 shares of the company’s stock worth $484,000 after acquiring an additional 143 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 10.1%

Shares of QUAL opened at $194.47 on Wednesday. The firm has a market cap of $56.39 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average of $193.27 and a 200-day moving average of $184.57. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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.