FineMark National Bank & Trust Has $720,000 Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FineMark National Bank & Trust raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,043 shares of the company’s stock after purchasing an additional 915 shares during the period. FineMark National Bank & Trust’s holdings in iShares MSCI USA Quality Factor ETF were worth $720,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton increased its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after buying an additional 59 shares during the period. Bristlecone Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after acquiring an additional 59 shares during the period. Sheridan Capital Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock worth $2,054,000 after acquiring an additional 66 shares in the last quarter. HB Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.0% in the 4th quarter. HB Wealth Management LLC now owns 7,033 shares of the company’s stock valued at $1,253,000 after purchasing an additional 72 shares during the period. Finally, Fortis Capital Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Fortis Capital Management LLC now owns 24,494 shares of the company’s stock valued at $4,362,000 after purchasing an additional 73 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $174.73 on Wednesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26. The stock has a 50 day simple moving average of $179.89 and a two-hundred day simple moving average of $180.33. The company has a market cap of $49.60 billion, a P/E ratio of 26.45 and a beta of 1.04.

About iShares MSCI USA Quality Factor ETF

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.