iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by Centaurus Financial Inc.

Centaurus Financial Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 151,213 shares of the company’s stock after acquiring an additional 3,523 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.4% of Centaurus Financial Inc.’s portfolio, making the stock its 9th largest position. Centaurus Financial Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $29,004,000 at the end of the most recent reporting period.

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

iShares MSCI USA Quality Factor ETF Trading Down 1.1%

QUAL stock opened at $215.98 on Thursday. The firm has a 50 day moving average of $216.48 and a 200-day moving average of $207.16. The company has a market cap of $62.62 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $181.65 and a 12-month high of $221.16.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.