Sowell Financial Services LLC Purchases 6,802 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sowell Financial Services LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 172,371 shares of the company’s stock after buying an additional 6,802 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.3% of Sowell Financial Services LLC’s portfolio, making the stock its 10th largest position. Sowell Financial Services LLC owned about 0.06% of iShares MSCI USA Quality Factor ETF worth $34,236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $28,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. First Horizon Corp acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $36,000. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $193.16 on Monday. The business has a fifty day moving average price of $199.44 and a two-hundred day moving average price of $198.01. The stock has a market capitalization of $56.01 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65.

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