Assetmark Inc. Buys 20,466 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Assetmark Inc. lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 45.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,158 shares of the company’s stock after acquiring an additional 20,466 shares during the period. Assetmark Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,603,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Rosenberg Matthew Hamilton raised its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after acquiring an additional 59 shares in the last quarter. Bristlecone Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock valued at $3,065,000 after buying an additional 59 shares in the last quarter. Sheridan Capital Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 0.6% during the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after buying an additional 66 shares in the last quarter. Citizens Financial Group Inc. RI increased its position in iShares MSCI USA Quality Factor ETF by 3.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock valued at $390,000 after buying an additional 67 shares in the last quarter. Finally, L & S Advisors Inc increased its position in iShares MSCI USA Quality Factor ETF by 1.2% during the 3rd quarter. L & S Advisors Inc now owns 5,911 shares of the company’s stock valued at $1,060,000 after buying an additional 68 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $176.20 on Friday. The business’s 50-day moving average is $181.54 and its 200 day moving average is $180.57. iShares MSCI USA Quality Factor ETF has a 1 year low of $154.17 and a 1 year high of $187.26. The firm has a market capitalization of $48.93 billion, a P/E ratio of 28.36 and a beta of 1.04.

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.