Quantbot Technologies LP Purchases New Position in iShares MSCI USA Quality Factor ETF $QUAL

Quantbot Technologies LP bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,892 shares of the company’s stock, valued at approximately $562,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of QUAL. Gallagher Fiduciary Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 13,080.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after acquiring an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% during the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after purchasing an additional 2,434,556 shares during the last quarter. Symphony Financial Ltd. Co. lifted its position in iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after buying an additional 1,681,568 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $305,974,000. Finally, Cerity Partners LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 39.6% during the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after buying an additional 1,065,946 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 1.5%

QUAL stock opened at $198.66 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65. The stock has a market capitalization of $57.60 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s fifty day simple moving average is $202.53 and its two-hundred day simple moving average is $197.37.

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