Quantinno Capital Management LP increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 14.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 74,632 shares of the company’s stock after buying an additional 9,262 shares during the period. Quantinno Capital Management LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,315,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $25,000. Resources Management Corp CT ADV purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at about $28,000. Ares Financial Consulting LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of BATS:QUAL opened at $219.32 on Monday. The stock has a 50-day simple moving average of $216.70 and a 200-day simple moving average of $207.37. The stock has a market capitalization of $63.59 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.65 and a 1 year high of $221.16.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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