Principal Securities Inc. Grows Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Principal Securities Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 74.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,323 shares of the company’s stock after buying an additional 25,347 shares during the period. Principal Securities Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares during the period. CreativeOne Wealth LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 43.4% in the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after acquiring an additional 76,472 shares during the period. Midwest Heritage Bank FSB increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after acquiring an additional 199 shares during the period. Spectrum Planning & Advisory Services Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.4% during the third quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock worth $7,243,000 after buying an additional 2,768 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 37.2% during the third quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after buying an additional 2,682 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $185.18 on Friday. The company has a market capitalization of $48.87 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company’s fifty day moving average price is $181.79 and its 200 day moving average price is $179.40.

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.