Citizens Financial Group Inc. RI raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,178 shares of the company’s stock after purchasing an additional 67 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares MSCI USA Quality Factor ETF were worth $390,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its position in shares of iShares MSCI USA Quality Factor ETF by 389.4% during the first quarter. BNP Paribas Financial Markets now owns 788 shares of the company’s stock worth $130,000 after purchasing an additional 627 shares during the period. Bessemer Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 169.3% in the first quarter. Bessemer Group Inc. now owns 2,418 shares of the company’s stock valued at $396,000 after buying an additional 1,520 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $3,026,000. Econ Financial Services Corp bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $1,758,000. Finally, Captrust Financial Advisors raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.0% in the 1st quarter. Captrust Financial Advisors now owns 437,435 shares of the company’s stock worth $71,892,000 after acquiring an additional 36,288 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Stock Performance
QUAL stock opened at $182.75 on Friday. The business has a 50-day simple moving average of $180.16 and a two-hundred day simple moving average of $173.87. The company has a market capitalization of $48.23 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.
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.
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