Patriot Financial Group Insurance Agency LLC Raises Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Patriot Financial Group Insurance Agency LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,196 shares of the company’s stock after acquiring an additional 2,111 shares during the period. iShares MSCI USA Quality Factor ETF comprises 0.7% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 27th largest holding. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,235,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Halpern Financial Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $26,000. Barrett & Company Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Unique Wealth Strategies LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $37,000. Opal Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $41,000. Finally, Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $48,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL traded up $0.04 during trading hours on Monday, hitting $179.76. 578,511 shares of the company’s stock traded hands. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market cap of $47.44 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company’s fifty day simple moving average is $177.94 and its two-hundred day simple moving average is $170.79.

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.