Principle Wealth Partners LLC Purchases 132 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Principle Wealth Partners LLC boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,806 shares of the company’s stock after acquiring an additional 132 shares during the period. Principle Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $322,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $25,000. Barrett & Company Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. OLD Second National Bank of Aurora bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $27,000. Finally, Centennial Bank AR bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.4 %

Shares of QUAL opened at $184.38 on Wednesday. The firm’s 50-day moving average price is $181.90 and its 200-day moving average price is $179.03. The firm has a market capitalization of $48.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

iShares MSCI USA Quality Factor ETF 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.