360 Financial Inc. Grows Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

360 Financial Inc. grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,834 shares of the company’s stock after purchasing an additional 12,027 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 6.3% of 360 Financial Inc.’s investment portfolio, making the stock its 3rd largest holding. 360 Financial Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,418,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of QUAL. JPMorgan Chase & Co. increased its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock worth $1,281,996,000 after buying an additional 50,889 shares in the last quarter. Cerity Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after acquiring an additional 1,065,946 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after acquiring an additional 44,285 shares during the period. Orgel Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 3,005,601 shares of the company’s stock worth $584,589,000 after purchasing an additional 51,076 shares in the last quarter. Finally, Blue Trust Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after purchasing an additional 76,969 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

Shares of QUAL opened at $204.80 on Friday. The business’s 50 day moving average is $202.26 and its 200 day moving average is $196.61. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The company has a market capitalization of $59.38 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.