Arsenal Capital Advisors LLC Makes New $1.18 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Arsenal Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,933 shares of the company’s stock, valued at approximately $1,178,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Brighton Jones LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $81,990,000. Bison Wealth LLC raised its position in shares of 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 worth $3,395,000 after buying an additional 3,383 shares in the last quarter. AQR Capital Management LLC raised its position in shares of 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 worth $3,363,000 after buying an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $213.14 on Friday. The company’s 50 day simple moving average is $206.13 and its 200 day simple moving average is $202.13. iShares MSCI USA Quality Factor ETF has a 12 month low of $175.20 and a 12 month high of $217.65. The company has a market capitalization of $61.80 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.