Fulton Bank N.A. Grows Stake in iShares MSCI USA Quality Factor ETF $QUAL

Fulton Bank N.A. lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 72.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,235 shares of the company’s stock after purchasing an additional 3,462 shares during the quarter. Fulton Bank N.A.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,807,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its position in iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after buying an additional 2,357,971 shares in the last quarter. Two Sigma Investments LP increased its stake in iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 403.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after acquiring an additional 887,478 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $81,990,000. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 298.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock valued at $99,229,000 after acquiring an additional 406,488 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

Shares of QUAL opened at $225.15 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12-month low of $185.58 and a 12-month high of $227.16. The company has a market cap of $65.28 billion, a PE ratio of 25.59 and a beta of 1.05. The stock has a 50-day moving average price of $217.99 and a 200-day moving average price of $208.47.

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.