World Equity Group Inc. Buys 237 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

World Equity Group Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.7% during the second quarter, HoldingsChannel reports. The fund owned 3,314 shares of the company’s stock after purchasing an additional 237 shares during the quarter. World Equity Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. MCF Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the first quarter worth $37,000. Opal Wealth Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $41,000. City State Bank raised its stake in shares of iShares MSCI USA Quality Factor ETF by 123.7% during the first quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after acquiring an additional 141 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $48,000. Finally, Delta Asset Management LLC TN bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $51,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded up $0.10 during trading on Friday, reaching $174.63. The company had a trading volume of 904,630 shares. 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 $46.08 billion, a P/E ratio of 23.03 and a beta of 1.03. The business has a 50 day moving average of $171.01 and a 200 day moving average of $164.61.

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.