Truist Financial Corp Grows Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Truist Financial Corp grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 340,343 shares of the company’s stock after purchasing an additional 31,260 shares during the period. Truist Financial Corp owned approximately 0.13% of iShares MSCI USA Quality Factor ETF worth $60,608,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FMR LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares in the last quarter. M&T Bank Corp raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after buying an additional 28,147 shares during the period. MML Investors Services LLC lifted its position in iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after acquiring an additional 170,321 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.2% in the 3rd quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after acquiring an additional 173,127 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

Shares of BATS:QUAL opened at $185.18 on Tuesday. The company has a 50 day moving average of $181.79 and a two-hundred day moving average of $179.46. The company has a market capitalization of $48.87 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.

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.