Apexium Financial LP Grows Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Apexium Financial LP increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 220,138 shares of the company’s stock after purchasing an additional 9,615 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 2.4% of Apexium Financial LP’s holdings, making the stock its 7th biggest position. Apexium Financial LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $39,202,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of QUAL. FMR LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $108,645,000. Orgel Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 71.6% in the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after purchasing an additional 515,998 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $77,463,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.2 %

Shares of QUAL opened at $184.10 on Monday. The stock has a market capitalization of $48.58 billion, a price-to-earnings 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 has a fifty day simple moving average of $181.80 and a 200 day simple moving average of $178.16.

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.