PAX Financial Group LLC Boosts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

PAX Financial Group LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 106,540 shares of the company’s stock after purchasing an additional 15,253 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.2% of PAX Financial Group LLC’s holdings, making the stock its 3rd biggest holding. PAX Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $18,207,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $81,990,000. Highview Capital Management LLC DE boosted its position in shares of iShares MSCI USA Quality Factor ETF by 4.9% during the 4th quarter. Highview Capital Management LLC DE now owns 36,991 shares of the company’s stock valued at $6,587,000 after purchasing an additional 1,731 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $1,453,000. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,836 shares of the company’s stock valued at $2,820,000 after purchasing an additional 203 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $183.97 on Tuesday. The business’s 50 day simple moving average is $178.86 and its two-hundred day simple moving average is $176.29. The firm has a market cap of $53.34 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

About iShares MSCI USA Quality Factor ETF

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.