World Equity Group Inc. Has $1.09 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

World Equity Group Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 62.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,124 shares of the company’s stock after buying an additional 2,365 shares during the quarter. World Equity Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,091,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $25,000. Barrett & Company Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $182.67 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a market cap of $48.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company has a 50 day simple moving average of $181.78 and a 200 day simple moving average of $179.92.

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.