IFS Group LLC Makes New $1.43 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

IFS Group LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,435 shares of the company’s stock, valued at approximately $1,426,000. iShares MSCI USA Quality Factor ETF accounts for 1.3% of IFS Group LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. Advocate Investing Services LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $25,000. Resources Management Corp CT ADV acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at approximately $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000.

iShares MSCI USA Quality Factor ETF Trading Down 1.1%

Shares of QUAL stock opened at $215.98 on Thursday. The business’s 50 day moving average is $216.48 and its two-hundred day moving average is $207.16. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.65 and a twelve month high of $221.16. The company has a market capitalization of $62.62 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.