Stanich Group LLC Invests $4.88 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Stanich Group LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,397 shares of the company’s stock, valued at approximately $4,879,000. iShares MSCI USA Quality Factor ETF makes up about 3.6% of Stanich Group LLC’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. L.M. Kohn & Company lifted its position in iShares MSCI USA Quality Factor ETF by 42.6% in the 4th quarter. L.M. Kohn & Company now owns 9,208 shares of the company’s stock worth $1,640,000 after buying an additional 2,749 shares during the last quarter. Copperleaf Capital LLC lifted its position in iShares MSCI USA Quality Factor ETF by 5.1% in the 4th quarter. Copperleaf Capital LLC now owns 23,856 shares of the company’s stock worth $4,248,000 after buying an additional 1,167 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in iShares MSCI USA Quality Factor ETF by 23.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,404 shares of the company’s stock worth $606,000 after buying an additional 639 shares during the last quarter. Principal Securities Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 74.6% in the 4th quarter. Principal Securities Inc. now owns 59,323 shares of the company’s stock worth $10,564,000 after buying an additional 25,347 shares during the last quarter. Finally, Ellis Investment Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 13.1% in the 4th quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after buying an additional 1,481 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $185.18 on Friday. The business has a 50 day moving average of $181.79 and a 200 day moving average of $179.40. 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 1-year low of $71.96 and a 1-year high of $88.63.

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.