Theory Financial LLC Has $9.78 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Theory Financial LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 23.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,434 shares of the company’s stock after purchasing an additional 10,683 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 3.7% of Theory Financial LLC’s holdings, making the stock its 5th biggest position. Theory Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,780,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of QUAL. EQ LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 31.2% during the 3rd quarter. EQ LLC now owns 58,350 shares of the company’s stock worth $10,462,000 after acquiring an additional 13,872 shares during the period. Pettinga Financial Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 168,275 shares of the company’s stock worth $30,172,000 after acquiring an additional 3,366 shares during the period. Claro Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 10.6% during the 3rd quarter. Claro Advisors LLC now owns 76,798 shares of the company’s stock worth $13,770,000 after acquiring an additional 7,343 shares during the period. Peterson Financial Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $45,000. Finally, KPP Advisory Services LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 31.7% during the 3rd quarter. KPP Advisory Services LLC now owns 28,837 shares of the company’s stock worth $5,170,000 after acquiring an additional 6,946 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $179.56 on Monday. The company has a 50-day moving average of $179.50 and a 200-day moving average of $173.18. The company has a market capitalization of $47.39 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.