Palladiem LLC Grows Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Palladiem LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,888 shares of the company’s stock after buying an additional 2,304 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.4% of Palladiem LLC’s portfolio, making the stock its 17th largest holding. Palladiem LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,513,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of QUAL. Brighton Jones LLC boosted its position in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $81,990,000. Bison Wealth LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after purchasing an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $217.87 on Friday. The company’s fifty day moving average price is $215.49 and its 200 day moving average price is $206.19. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.65 and a 1 year high of $221.16. The company has a market capitalization of $63.17 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.