Ruggiero Investments Inc. Acquires New Position in iShares MSCI USA Quality Factor ETF $QUAL

Ruggiero Investments Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,900 shares of the company’s stock, valued at approximately $1,370,000. iShares MSCI USA Quality Factor ETF comprises approximately 1.2% of Ruggiero Investments Inc.’s holdings, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. Principal Securities Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 24.4% during the fourth quarter. Principal Securities Inc. now owns 108,994 shares of the company’s stock valued at $21,648,000 after purchasing an additional 21,410 shares during the last quarter. Mosley Wealth Management bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $5,061,000. Investment Research Partners LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 48.6% during the fourth quarter. Investment Research Partners LLC now owns 6,377 shares of the company’s stock valued at $1,267,000 after purchasing an additional 2,085 shares during the last quarter. Oath Planning LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $588,000. Finally, Great Valley Advisor Group Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.5% during the fourth quarter. Great Valley Advisor Group Inc. now owns 7,424 shares of the company’s stock valued at $1,474,000 after purchasing an additional 252 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.7%

BATS:QUAL opened at $215.90 on Friday. The firm has a market capitalization of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average of $208.14 and a 200-day moving average of $202.84. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $217.65.

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