Beacon Financial Group Acquires 3,251 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Beacon Financial Group boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,250 shares of the company’s stock after purchasing an additional 3,251 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.0% of Beacon Financial Group’s holdings, making the stock its 21st largest holding. Beacon Financial Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,661,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. Signaturefd LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after purchasing an additional 227 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after buying an additional 76,472 shares during the period. Midwest Heritage Bank FSB boosted its position in iShares MSCI USA Quality Factor ETF by 1.7% during the 3rd quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock valued at $2,075,000 after acquiring an additional 199 shares in the last quarter. Armstrong Advisory Group Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 28.3% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock worth $120,000 after acquiring an additional 148 shares during the period. Finally, Spectrum Planning & Advisory Services Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.4% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock worth $7,243,000 after acquiring an additional 2,768 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 4.4 %

QUAL opened at $184.38 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a market cap of $48.66 billion, a PE ratio of 23.03 and a beta of 1.03. The business has a 50 day moving average of $181.90 and a 200-day moving average of $179.03.

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.