NewEdge Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 2.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 732,682 shares of the company’s stock after purchasing an additional 18,529 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $140,536,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in the business. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $27,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth about $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $30,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of BATS QUAL opened at $224.83 on Thursday. iShares MSCI USA Quality Factor ETF has a 52 week low of $183.28 and a 52 week high of $227.16. The stock has a market cap of $65.19 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50-day moving average price is $217.22 and its 200 day moving average price is $207.81.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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