Truepoint Inc. Invests $234,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Truepoint Inc. purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,316 shares of the company’s stock, valued at approximately $234,000.

Several other institutional investors also recently added to or reduced their stakes in QUAL. SigFig Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 3.1% in the fourth quarter. SigFig Wealth Management LLC now owns 47,277 shares of the company’s stock worth $8,443,000 after purchasing an additional 1,437 shares in the last quarter. Whittier Trust Co. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 63.1% in the 4th quarter. Whittier Trust Co. now owns 212 shares of the company’s stock worth $38,000 after buying an additional 82 shares during the period. Elevate Wealth Advisory Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 34.7% during the 4th quarter. Elevate Wealth Advisory Inc. now owns 2,813 shares of the company’s stock worth $501,000 after buying an additional 724 shares in the last quarter. Certus Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the fourth quarter. Certus Wealth Management LLC now owns 37,121 shares of the company’s stock valued at $6,839,000 after buying an additional 496 shares during the period. Finally, Symmetry Partners LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 65.2% in the fourth quarter. Symmetry Partners LLC now owns 114,757 shares of the company’s stock valued at $20,436,000 after acquiring an additional 45,283 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $171.94 on Friday. The stock has a market cap of $48.81 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. The firm’s 50-day moving average is $180.10 and its two-hundred day moving average is $180.24. iShares MSCI USA Quality Factor ETF has a 1 year low of $154.17 and a 1 year high of $187.26.

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.