Kendall Capital Management Purchases Shares of 1,800 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kendall Capital Management bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,800 shares of the company’s stock, valued at approximately $321,000.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $331,412,000. FMR LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after buying an additional 519,868 shares during the period. Finally, Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

Shares of QUAL stock opened at $177.06 on Monday. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26. The firm has a market capitalization of $49.17 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. The firm has a fifty day moving average of $181.44 and a 200-day moving average of $180.64.

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.