Beacon Financial Group Purchases 3,251 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Beacon Financial Group lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,250 shares of the company’s stock after buying an additional 3,251 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.0% of Beacon Financial Group’s investment portfolio, making the stock its 21st largest position. Beacon Financial Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,661,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. Barrett & Company Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $184.38 on Wednesday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The business’s 50 day simple moving average is $181.90 and its two-hundred day simple moving average is $179.03. The stock has a market capitalization of $48.66 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.