Flputnam Investment Management Co. Acquires 186 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Flputnam Investment Management Co. grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,733 shares of the company’s stock after buying an additional 186 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,802,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $25,000. OLD Second National Bank of Aurora bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. BankPlus Trust Department purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $27,000. Centennial Bank AR bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $29,000. Finally, MGB Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Stock Up 2.8 %

QUAL stock opened at $181.62 on Friday. The firm’s fifty day simple moving average is $181.80 and its two-hundred day simple moving average is $180.50. The stock has a market capitalization of $50.44 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

iShares MSCI USA Quality Factor ETF 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.