Magnus Financial Group LLC Has $4.10 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Magnus Financial Group LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 23.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,996 shares of the company’s stock after acquiring an additional 4,356 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $1,161,000. Certified Advisory Corp lifted its stake in iShares MSCI USA Quality Factor ETF by 52.1% in the second quarter. Certified Advisory Corp now owns 2,132 shares of the company’s stock valued at $364,000 after buying an additional 730 shares in the last quarter. Semmax Financial Advisors Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 13.1% in the second quarter. Semmax Financial Advisors Inc. now owns 5,953 shares of the company’s stock valued at $1,018,000 after purchasing an additional 691 shares during the last quarter. Insigneo Advisory Services LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.7% in the second quarter. Insigneo Advisory Services LLC now owns 2,256 shares of the company’s stock valued at $367,000 after purchasing an additional 461 shares during the last quarter. Finally, Wescott Financial Advisory Group LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $274,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.7 %

BATS QUAL opened at $183.20 on Wednesday. The company has a market capitalization of $48.35 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm’s 50 day moving average is $181.71 and its 200-day moving average is $177.88.

iShares MSCI USA Quality Factor ETF Company 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.