World Equity Group Inc. Has $1.09 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

World Equity Group Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 62.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,124 shares of the company’s stock after purchasing an additional 2,365 shares during the quarter. World Equity Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,091,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of QUAL. Alpha Financial Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 903.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock worth $6,934,000 after purchasing an additional 34,820 shares in the last quarter. Signaturefd LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares in the last quarter. CENTRAL TRUST Co acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $134,000. Dakota Wealth Management raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 3rd quarter. Dakota Wealth Management now owns 19,215 shares of the company’s stock valued at $3,445,000 after buying an additional 493 shares in the last quarter. Finally, Lincoln Capital Corp raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the 3rd quarter. Lincoln Capital Corp now owns 48,336 shares of the company’s stock valued at $8,667,000 after buying an additional 878 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 3.4 %

Shares of BATS:QUAL opened at $182.67 on Friday. The firm has a 50 day moving average of $181.78 and a 200-day moving average of $179.92. The stock has a market capitalization of $48.21 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

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.