Paller Financial Services Inc Invests $6.02 Million in iShares MSCI USA Quality Factor ETF $QUAL

Paller Financial Services Inc bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,287 shares of the company’s stock, valued at approximately $6,016,000. iShares MSCI USA Quality Factor ETF comprises about 4.8% of Paller Financial Services Inc’s investment portfolio, making the stock its 3rd largest holding.

Other large investors also recently added to or reduced their stakes in the company. Shum Financial Group Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% in the fourth quarter. Shum Financial Group Inc. now owns 30,096 shares of the company’s stock worth $5,978,000 after buying an additional 619 shares during the period. Saxony Capital Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $262,000. Sollinda Capital Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 10.2% during the 4th quarter. Sollinda Capital Management LLC now owns 18,609 shares of the company’s stock valued at $3,696,000 after acquiring an additional 1,723 shares during the period. Strategic Point Investment Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.6% during the 4th quarter. Strategic Point Investment Advisors LLC now owns 107,177 shares of the company’s stock valued at $21,287,000 after acquiring an additional 2,738 shares during the period. Finally, Silver Oak Securities Incorporated grew its position in iShares MSCI USA Quality Factor ETF by 58.3% during the 4th quarter. Silver Oak Securities Incorporated now owns 23,257 shares of the company’s stock worth $4,654,000 after acquiring an additional 8,565 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $191.81 on Wednesday. The business’s 50 day simple moving average is $200.00 and its two-hundred day simple moving average is $197.97. The stock has a market capitalization of $55.62 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65.

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.