Geneva Partners LLC Grows Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Geneva Partners LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,988 shares of the company’s stock after buying an additional 10,737 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 3.6% of Geneva Partners LLC’s holdings, making the stock its 8th biggest position. Geneva Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. VisionPoint Advisory Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $25,000. NBC Securities Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $26,000. Signaturefd LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1,414.3% in the 3rd quarter. Signaturefd LLC now owns 212 shares of the company’s stock worth $28,000 after purchasing an additional 198 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $28,000. Finally, Patriot Investment Management Group Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $28,000.

iShares MSCI USA Quality Factor ETF Trading Down 1.5 %

Shares of BATS QUAL traded down $2.29 during midday trading on Friday, reaching $154.58. The company’s stock had a trading volume of 2,146,600 shares. The company has a 50 day moving average price of $160.91 and a 200 day moving average price of $148.82. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company has a market cap of $40.45 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04.

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.