Cardinal Point Capital Management ULC boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 185.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,243 shares of the company’s stock after buying 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 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Advocate Investing Services LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Resources Management Corp CT ADV bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $27,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $28,000. Ares Financial Consulting LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000.
iShares MSCI USA Quality Factor ETF Price Performance
Shares of QUAL opened at $213.19 on Thursday. The firm’s 50 day simple moving average is $211.65 and its 200 day simple moving average is $204.01. The company has a market capitalization of $61.81 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 $179.01 and a 1-year high of $219.82.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
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).
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
