Citizens Financial Group Inc. RI Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Citizens Financial Group Inc. RI increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 47.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,111 shares of the company’s stock after purchasing an additional 681 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares MSCI USA Quality Factor ETF were worth $361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of QUAL. Total Clarity Wealth Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 15.7% in the second quarter. Total Clarity Wealth Management Inc. now owns 11,647 shares of the company’s stock valued at $1,989,000 after acquiring an additional 1,577 shares in the last quarter. Financial Life Advisors increased its position in shares of iShares MSCI USA Quality Factor ETF by 10.6% during the second quarter. Financial Life Advisors now owns 43,703 shares of the company’s stock valued at $7,463,000 after buying an additional 4,187 shares during the period. Black Diamond Financial LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at about $206,000. Tennessee Valley Asset Management Partners raised its stake in iShares MSCI USA Quality Factor ETF by 5.2% in the second quarter. Tennessee Valley Asset Management Partners now owns 48,969 shares of the company’s stock worth $8,362,000 after buying an additional 2,409 shares in the last quarter. Finally, Nia Impact Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth about $511,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $176.31 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock has a market cap of $46.53 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock’s 50 day simple moving average is $172.76 and its two-hundred day simple moving average is $167.59.

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.