First Citizens Financial Corp Has $5.65 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

First Citizens Financial Corp increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.3% in the second quarter, Holdings Channel reports. The fund owned 25,763 shares of the company’s stock after purchasing an additional 2,617 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 2.4% of First Citizens Financial Corp’s portfolio, making the stock its 10th largest position. First Citizens Financial Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,653,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $27,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $224.83 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $183.28 and a 12-month high of $227.16. The business’s fifty day simple moving average is $217.22 and its 200-day simple moving average is $207.81. The company has a market capitalization of $65.19 billion, a PE ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

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.