Stonebrook Private Inc. Buys New Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Stonebrook Private Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 97,409 shares of the company’s stock, valued at approximately $14,333,000. iShares MSCI USA Quality Factor ETF comprises about 4.8% of Stonebrook Private Inc.’s investment portfolio, making the stock its 2nd biggest position.

A number of other large investors have also recently added to or reduced their stakes in the company. FMR LLC increased its position in iShares MSCI USA Quality Factor ETF by 6.7% during the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after acquiring an additional 923,875 shares during the period. M&T Bank Corp raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. M&T Bank Corp now owns 3,606,215 shares of the company’s stock valued at $475,285,000 after buying an additional 124,951 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock valued at $425,287,000 after buying an additional 349,044 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $337,131,000. Finally, Cerity Partners LLC increased its stake in iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock worth $350,308,000 after acquiring an additional 49,521 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 1.3 %

BATS QUAL traded up $1.97 during midday trading on Friday, hitting $159.05. The company had a trading volume of 716,646 shares. The firm has a 50-day moving average price of $160.95 and a 200-day moving average price of $149.80. The company has a market capitalization of $41.62 billion, a PE ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.