Northbridge Financial Group LLC Takes $574,000 Position in iShares MSCI USA Quality Factor ETF $QUAL

Northbridge Financial Group LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 2,889 shares of the company’s stock, valued at approximately $574,000.

Other large investors have also recently made changes to their positions in the company. Dynasty Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 18.3% in the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after acquiring an additional 90,195 shares during the last quarter. Cabot Wealth Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 8.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after acquiring an additional 3,369 shares in the last quarter. Cassilly Financial Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $1,348,000. MB Generational Wealth LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $16,103,000. Finally, Coldstream Capital Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 132.4% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after acquiring an additional 595,017 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.6%

QUAL opened at $209.55 on Wednesday. The stock’s 50-day moving average price is $201.19 and its 200 day moving average price is $200.38. iShares MSCI USA Quality Factor ETF has a 12-month low of $173.00 and a 12-month high of $212.78. The firm has a market cap of $60.76 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.