New Republic Capital LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

New Republic Capital LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,082 shares of the company’s stock after buying an additional 369 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 1.1% of New Republic Capital LLC’s portfolio, making the stock its 25th largest position. New Republic Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,617,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. FMR LLC grew 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 period. LPL Financial LLC grew its stake 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 period. Strategic Financial Concepts LLC increased its holdings in 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 worth $93,070,000 after acquiring an additional 519,868 shares in the last quarter. Orgel Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 71.6% during the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after purchasing an additional 515,998 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $81,990,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $184.14 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The firm has a fifty day moving average price of $181.94 and a 200-day moving average price of $178.91. The stock has a market cap of $48.59 billion, a PE ratio of 23.03 and a beta of 1.03.

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.