Hsbc Holdings PLC Increases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Hsbc Holdings PLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 37,378 shares of the company’s stock after acquiring an additional 2,778 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,424,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Two Sigma Investments LP raised its stake in shares of iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after buying an additional 887,478 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock valued at $350,450,000 after buying an additional 778,465 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 132.4% during the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after acquiring an additional 595,017 shares during the period. Finally, Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $216.92 on Thursday. The stock has a fifty day moving average price of $213.93 and a two-hundred day moving average price of $205.30. The stock has a market capitalization of $62.90 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.55 and a 1 year high of $220.24.

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.