iShares MSCI USA Quality Factor ETF $QUAL is SNS Financial Group LLC’s Largest Position

SNS Financial Group LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 778,626 shares of the company’s stock after purchasing an additional 3,253 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 13.2% of SNS Financial Group LLC’s holdings, making the stock its largest holding. SNS Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $151,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. Avantra Family Wealth Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $1,493,000. Dynasty Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 18.3% in the third quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock valued at $113,218,000 after acquiring an additional 90,195 shares in the last quarter. Cabot Wealth Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 8.7% in the third quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock valued at $8,177,000 after acquiring an additional 3,369 shares in the last quarter. Insight Inv LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth $1,016,000. Finally, CGC Financial Services LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 846.1% in the third quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after purchasing an additional 133,804 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.5%

Shares of QUAL stock opened at $198.66 on Monday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The business’s fifty day simple moving average is $202.53 and its 200-day simple moving average is $197.37. The company has a market cap of $57.60 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.