Patriot Financial Group Insurance Agency LLC Has $5.79 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Patriot Financial Group Insurance Agency LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,516 shares of the company’s stock after buying an additional 3,320 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 0.8% of Patriot Financial Group Insurance Agency LLC’s holdings, making the stock its 24th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,791,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Renaissance Technologies LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $1,161,000. Squarepoint Ops LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 19.7% during the 2nd quarter. Squarepoint Ops LLC now owns 3,502 shares of the company’s stock worth $598,000 after purchasing an additional 576 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the 2nd quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock worth $444,000 after purchasing an additional 189 shares in the last quarter. SkyView Investment Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $236,000. Finally, Creative Planning grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the 2nd quarter. Creative Planning now owns 64,845 shares of the company’s stock worth $11,073,000 after purchasing an additional 2,754 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $182.54 on Tuesday. The firm has a market cap of $48.17 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The business’s fifty day moving average is $181.80 and its 200-day moving average is $178.16.

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.