Fortune Financial Group Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) in the second quarter, Holdings Channel.com reports. The firm bought 7,739 shares of the company’s stock, valued at approximately $2,653,000. iShares MSCI USA Quality Factor ETF accounts for 2.1% of Fortune Financial Group Inc.’s portfolio, making the stock its 12th largest position.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $30,000. Finally, Cornerstone Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $30,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of QUAL stock opened at $227.18 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year high of $227.32. The stock has a fifty day moving average of $218.38 and a two-hundred day moving average of $208.80. The firm has a market capitalization of $65.87 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.
Featured Stories
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
