Union Bancaire Privee UBP SA Invests $1.63 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Union Bancaire Privee UBP SA acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,129 shares of the company’s stock, valued at approximately $1,630,000.

A number of other hedge funds have also bought and sold shares of QUAL. Halpern Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $26,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.3 %

BATS:QUAL opened at $182.51 on Tuesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a fifty day moving average of $181.80 and a 200-day moving average of $178.16. The firm has a market capitalization of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.