iShares MSCI USA Quality Factor ETF $QUAL Shares Purchased by Frisch Financial Group Inc.

Frisch Financial Group Inc. boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 38.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,226 shares of the company’s stock after acquiring an additional 4,759 shares during the period. Frisch Financial Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,421,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. MML Investors Services LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after acquiring an additional 44,285 shares during the period. Orgel Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after acquiring an additional 44,952 shares during the period. Facet Wealth Inc. increased its position in iShares MSCI USA Quality Factor ETF by 9.9% in the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after acquiring an additional 259,414 shares during the period. Focus Partners Wealth increased its position in iShares MSCI USA Quality Factor ETF by 2.1% in the 3rd quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock valued at $417,413,000 after acquiring an additional 43,309 shares during the period. Finally, Raymond James Financial Inc. increased its position in iShares MSCI USA Quality Factor ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after acquiring an additional 62,154 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.2%

Shares of QUAL stock opened at $210.92 on Tuesday. The stock has a market capitalization of $61.16 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $173.00 and a 52-week high of $212.78. The stock’s 50-day moving average price is $200.98 and its 200 day moving average price is $200.30.

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.