iShares MSCI USA Quality Factor ETF $QUAL Stake Raised by Sound Financial Strategies Group LLC

Sound Financial Strategies Group LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 254.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,877 shares of the company’s stock after purchasing an additional 14,267 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 2.8% of Sound Financial Strategies Group LLC’s investment portfolio, making the stock its 6th biggest holding. Sound Financial Strategies Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,948,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in QUAL. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $25,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. Finally, First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $36,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.5%

Shares of QUAL opened at $210.43 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $170.64 and a fifty-two week high of $211.02. The firm’s 50 day moving average price is $199.99 and its 200 day moving average price is $199.61. The company has a market cap of $61.01 billion, a P/E 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.