CGN Advisors LLC Has $19.33 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

CGN Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 108,559 shares of the company’s stock after buying an additional 806 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 1.9% of CGN Advisors LLC’s portfolio, making the stock its 10th biggest position. CGN Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,332,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares during the period. Sanctuary Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $108,645,000. Finally, Orgel Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 71.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after purchasing an additional 515,998 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $180.68 on Friday. The company has a 50 day simple moving average of $181.78 and a two-hundred day simple moving average of $177.74. The firm has a market cap of $47.68 billion, a P/E 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.

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.