Geneva Partners LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Geneva Partners LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 50,221 shares of the company’s stock after acquiring an additional 1,721 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.6% of Geneva Partners LLC’s portfolio, making the stock its 9th biggest position. Geneva Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,943,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the period. M&T Bank Corp grew its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after buying an additional 28,147 shares in the last quarter. MML Investors Services LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares during the period. Finally, Cerity Partners LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.2% in the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after acquiring an additional 173,127 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $184.10 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The business’s fifty day moving average is $181.99 and its 200 day moving average is $178.65. The firm has a market cap of $48.58 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.