True North Advisors LLC Makes New $530,000 Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

True North Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 2,975 shares of the company’s stock, valued at approximately $530,000.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its holdings in 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 acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its stake 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 purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. Sanctuary Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $108,645,000. Finally, Orgel Wealth Management LLC lifted 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 buying an additional 515,998 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $183.74 on Thursday. The stock has a market capitalization of $48.49 billion, a PE ratio of 23.03 and a beta of 1.03. The stock’s 50 day moving average price is $181.67 and its 200-day moving average price is $177.94. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week 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.