Union Bancaire Privee UBP SA Acquires Shares of 9,129 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Union Bancaire Privee UBP SA bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,129 shares of the company’s stock, valued at approximately $1,630,000.

Other large investors also recently modified their holdings of the company. Apexium Financial LP increased its stake in iShares MSCI USA Quality Factor ETF by 4.6% during the 4th quarter. Apexium Financial LP now owns 220,138 shares of the company’s stock valued at $39,202,000 after purchasing an additional 9,615 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 13.6% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 9,142 shares of the company’s stock worth $1,628,000 after acquiring an additional 1,097 shares in the last quarter. PFG Investments LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.1% during the fourth quarter. PFG Investments LLC now owns 10,177 shares of the company’s stock worth $1,812,000 after acquiring an additional 587 shares in the last quarter. Drive Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 9.0% in the 4th quarter. Drive Wealth Management LLC now owns 5,894 shares of the company’s stock valued at $1,050,000 after acquiring an additional 487 shares in the last quarter. Finally, Legacy Financial Group LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 3.8% during the 4th quarter. Legacy Financial Group LLC now owns 79,639 shares of the company’s stock valued at $14,182,000 after purchasing an additional 2,927 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $182.51 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a 50 day moving average price of $181.80 and a two-hundred day moving average price of $178.16. The firm has a market capitalization of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.