Ehrenkranz Partners L.P. Buys Shares of 27,490 iShares MSCI USA Quality Factor ETF $QUAL

Ehrenkranz Partners L.P. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 27,490 shares of the company’s stock, valued at approximately $5,347,000. iShares MSCI USA Quality Factor ETF comprises approximately 4.7% of Ehrenkranz Partners L.P.’s investment portfolio, making the stock its 9th largest position.

Other hedge funds have also modified their holdings of the company. Gallagher Fiduciary Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 13,080.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after buying an additional 2,463,130 shares during the last quarter. Soundwatch Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% during the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after acquiring an additional 2,434,556 shares during the last quarter. Symphony Financial Ltd. Co. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4,818.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock valued at $313,849,000 after acquiring an additional 1,681,568 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $305,974,000. Finally, Cerity Partners LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after acquiring an additional 1,065,946 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $195.15 on Friday. The stock has a market capitalization of $56.58 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50 day moving average price of $202.43 and a 200 day moving average price of $197.66. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.