Tallon Kerry Patrick Makes New Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tallon Kerry Patrick acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,883 shares of the company’s stock, valued at approximately $334,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Halpern Financial Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $26,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $179.50 on Friday. The stock has a market cap of $47.37 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm’s 50-day simple moving average is $181.86 and its two-hundred day simple moving average is $177.67.

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.