iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Cardinal Strategic Wealth Guidance’s 3rd Largest Position

Cardinal Strategic Wealth Guidance lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,197 shares of the company’s stock after purchasing an additional 8,338 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 8.7% of Cardinal Strategic Wealth Guidance’s holdings, making the stock its 3rd biggest holding. Cardinal Strategic Wealth Guidance owned 0.07% of iShares MSCI USA Quality Factor ETF worth $21,955,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. VisionPoint Advisory Group LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $25,000. NBC Securities Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $26,000. Signaturefd LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1,414.3% during the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock worth $28,000 after acquiring an additional 198 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $28,000. Finally, Patriot Investment Management Group Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $28,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL traded down $1.98 during mid-day trading on Tuesday, reaching $158.17. 1,304,090 shares of the stock were exchanged. The stock has a market capitalization of $41.39 billion, a PE ratio of 23.32 and a beta of 1.04. The business’s fifty day simple moving average is $160.88 and its 200 day simple moving average is $148.36. 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.