Bryn Mawr Capital Management LLC Increases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bryn Mawr Capital Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,284 shares of the company’s stock after purchasing an additional 16,982 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.6% of Bryn Mawr Capital Management LLC’s holdings, making the stock its 12th largest holding. Bryn Mawr Capital Management LLC owned approximately 0.06% of iShares MSCI USA Quality Factor ETF worth $29,434,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in QUAL. Signaturefd LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after purchasing an additional 227 shares in the last quarter. Traynor Capital Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $231,000. Gateway Wealth Partners LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 11.5% during the third quarter. Gateway Wealth Partners LLC now owns 21,946 shares of the company’s stock valued at $3,935,000 after buying an additional 2,260 shares during the last quarter. Integrated Advisors Network LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the third quarter. Integrated Advisors Network LLC now owns 7,928 shares of the company’s stock worth $1,422,000 after buying an additional 322 shares during the period. Finally, MONECO Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the 3rd quarter. MONECO Advisors LLC now owns 28,946 shares of the company’s stock valued at $5,190,000 after acquiring an additional 106 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $181.94 on Wednesday. The business has a 50-day moving average of $181.73 and a 200 day moving average of $180.34. The stock has a market capitalization of $50.52 billion, a PE ratio of 28.36 and a beta of 1.04. 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 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.