QRG Capital Management Inc. Grows Holdings in iShares MSCI USA Quality Factor ETF $QUAL

QRG Capital Management Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 81.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,192 shares of the company’s stock after buying an additional 6,821 shares during the period. QRG Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,955,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Evergreen Capital Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 51.5% in the third quarter. Evergreen Capital Management LLC now owns 13,186 shares of the company’s stock valued at $2,565,000 after acquiring an additional 4,485 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 20.6% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,278 shares of the company’s stock worth $1,416,000 after purchasing an additional 1,244 shares in the last quarter. Insight Inv LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $1,016,000. Gilliland Jeter Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.6% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 4,380 shares of the company’s stock valued at $852,000 after purchasing an additional 272 shares during the last quarter. Finally, Sheridan Capital Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 143.3% during the 3rd quarter. Sheridan Capital Management LLC now owns 29,677 shares of the company’s stock valued at $5,772,000 after buying an additional 17,480 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $203.40 on Monday. The company has a market capitalization of $58.98 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50 day moving average of $198.57 and a 200 day moving average of $193.06. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.