CPA Asset Management LLC Acquires 227 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

CPA Asset Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,066 shares of the company’s stock after acquiring an additional 227 shares during the period. CPA Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $304,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. VisionPoint Advisory Group LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $25,000. NBC Securities Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $26,000. Signaturefd LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1,414.3% in the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock worth $28,000 after buying an additional 198 shares in the last quarter. Patriot Investment Management Group Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $28,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $34,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock traded up $0.85 during midday trading on Thursday, reaching $164.16. 1,132,831 shares of the company traded hands. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The business has a 50 day moving average of $158.18 and a 200-day moving average of $145.77. The firm has a market capitalization of $37.12 billion, a price-to-earnings ratio of 16.30 and a beta of 1.03.

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.