New Century Financial Group LLC Buys Shares of 1,270 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

New Century Financial Group LLC purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,270 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors have also recently made changes to their positions in the stock. VisionPoint Advisory Group LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $28,000. MCF Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at approximately $37,000. Thompson Investment Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $34,000. Finally, City State Bank lifted its position in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after purchasing an additional 141 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $172.21 on Friday. The stock has a market cap of $45.45 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. 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’s 50 day simple moving average is $166.73 and its two-hundred day simple moving average is $159.64.

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.