Royal Bank of Canada Grows Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Royal Bank of Canada raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.9% in the 1st quarter, Holdings Channel reports. The fund owned 1,777,079 shares of the company’s stock after purchasing an additional 49,616 shares during the period. Royal Bank of Canada’s holdings in iShares MSCI USA Quality Factor ETF were worth $340,861,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of QUAL. WealthBridge Capital Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares in the last quarter. Empire Life Investments Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares in the last quarter. Sunbelt Securities Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after buying an additional 52 shares during the period. First Command Advisory Services Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares during the period. Finally, Northwest Financial Advisors lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.8% in the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after buying an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $215.98 on Thursday. The firm has a 50-day moving average of $216.48 and a two-hundred day moving average of $207.16. The stock has a market cap of $62.62 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $181.65 and a 1-year high of $221.16.

iShares MSCI USA Quality Factor ETF Company 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.