Portfolio Resources Advisor Group Inc. Makes New $2.93 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Portfolio Resources Advisor Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,744 shares of the company’s stock, valued at approximately $2,928,000. iShares MSCI USA Quality Factor ETF accounts for about 2.9% of Portfolio Resources Advisor Group Inc.’s investment portfolio, making the stock its 10th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. MML Investors Services LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares during the period. Facet Wealth Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 9.9% in the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock worth $589,952,000 after purchasing an additional 259,414 shares during the period. Focus Partners Wealth increased its stake in iShares MSCI USA Quality Factor ETF by 11.2% in the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after purchasing an additional 240,881 shares during the period. Finally, Raymond James Financial Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 3.1% in the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after purchasing an additional 62,154 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $216.91 on Monday. iShares MSCI USA Quality Factor ETF has a 12-month low of $175.20 and a 12-month high of $217.65. The business’s fifty day simple moving average is $208.62 and its 200-day simple moving average is $203.01. The company has a market capitalization of $62.89 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.