Marino Stram & Associates LLC Buys 2,449 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Marino Stram & Associates LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,761 shares of the company’s stock after purchasing an additional 2,449 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.2% of Marino Stram & Associates LLC’s portfolio, making the stock its 11th biggest position. Marino Stram & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of QUAL. FMR LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares during the period. M&T Bank Corp increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares during the period. Finally, MML Investors Services LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $183.74 on Thursday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The stock’s fifty day moving average price is $181.67 and its 200 day moving average price is $177.94. The company has a market cap of $48.49 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.