Manning & Napier Advisors LLC Takes $310,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Posted by James Nelson on Aug 9th, 2024

Manning & Napier Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,817 shares of the company’s stock, valued at approximately $310,000.

Several other institutional investors and hedge funds have also recently modified their holdings of QUAL. MCF Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $37,000. City State Bank grew its stake in iShares MSCI USA Quality Factor ETF by 123.7% during the first quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after acquiring an additional 141 shares in the last quarter. Headlands Technologies LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the first quarter valued at $48,000. Delta Asset Management LLC TN purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $51,000. Finally, Pineridge Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $51,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.6 %

QUAL traded up $1.07 during trading on Friday, hitting $168.31. 700,261 shares of the company traded hands. The company has a market cap of $44.42 billion, a PE ratio of 23.03 and a beta of 1.03. The stock’s 50-day simple moving average is $170.50 and its two-hundred day simple moving average is $163.70. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

About iShares MSCI USA Quality Factor ETF

(Free Report)

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.