Cardinal Point Capital Management ULC Grows Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Cardinal Point Capital Management ULC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 185.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,243 shares of the company’s stock after purchasing an additional 3,409 shares during the period. Cardinal Point Capital Management ULC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,006,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC increased its position in iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares in the last quarter. AQR Capital Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 45.5% during the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after buying an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $213.19 on Thursday. The stock has a 50-day moving average price of $211.65 and a 200-day moving average price of $204.01. The firm has a market cap of $61.81 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $179.01 and a 1 year high of $219.82.

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.