Morse Asset Management Inc Buys Shares of 241 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Morse Asset Management Inc purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, Holdings Channel.com reports. The firm purchased 241 shares of the company’s stock, valued at approximately $43,000.

Other hedge funds have also recently modified their holdings of the company. Howe & Rusling Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.6% in the 4th quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock worth $138,000 after acquiring an additional 55 shares during the period. Rosenberg Matthew Hamilton lifted its position in iShares MSCI USA Quality Factor ETF by 5.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after purchasing an additional 59 shares during the period. Bristlecone Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.3% in the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock valued at $3,065,000 after purchasing an additional 59 shares in the last quarter. Tucker Asset Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 11.5% during the 4th quarter. Tucker Asset Management LLC now owns 629 shares of the company’s stock worth $112,000 after purchasing an additional 65 shares during the period. Finally, Sheridan Capital Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock worth $2,054,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $176.84 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The stock has a market capitalization of $50.66 billion, a P/E ratio of 25.81 and a beta of 1.06. The business has a 50 day simple moving average of $167.95 and a 200-day simple moving average of $177.12.

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.