Newton One Investments LLC Takes $68,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Newton One Investments LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 383 shares of the company’s stock, valued at approximately $68,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 3.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after buying an additional 58 shares during the period. Rosenberg Matthew Hamilton grew its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after purchasing an additional 59 shares during the period. Procyon Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 4.7% during the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after buying an additional 61 shares in the last quarter. Columbus Macro LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after purchasing an additional 66 shares in the last quarter. Finally, Sheridan Capital Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after buying an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $182.45 on Tuesday. The business has a 50 day simple moving average of $182.04 and a 200-day simple moving average of $178.49. The firm has a market capitalization of $48.15 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.