Patriot Financial Group Insurance Agency LLC Purchases 3,320 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Patriot Financial Group Insurance Agency LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 32,516 shares of the company’s stock after buying an additional 3,320 shares during the period. iShares MSCI USA Quality Factor ETF makes up 0.8% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 24th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,791,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of QUAL. Halpern Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $26,000. Barrett & Company Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. OLD Second National Bank of Aurora bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $182.54 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a market capitalization of $48.17 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a 50-day moving average of $181.80 and a 200-day moving average of $178.16.

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.