Beacon Capital Management LLC Buys 833 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Beacon Capital Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 234.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,189 shares of the company’s stock after purchasing an additional 833 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $160,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QUAL. Bank of Montreal Can boosted its position in iShares MSCI USA Quality Factor ETF by 16.3% during the first quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock worth $2,064,000 after purchasing an additional 2,119 shares during the period. Blair William & Co. IL boosted its position in iShares MSCI USA Quality Factor ETF by 143.9% during the first quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock worth $1,458,000 after purchasing an additional 6,389 shares during the period. Mather Group LLC. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $397,000. Prudential Financial Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 8.4% in the first quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock valued at $6,634,000 after acquiring an additional 3,812 shares during the period. Finally, AJ Wealth Strategies LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the first quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock valued at $62,686,000 after acquiring an additional 18,557 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.3 %

Shares of iShares MSCI USA Quality Factor ETF stock traded up $0.38 during trading on Tuesday, reaching $136.45. The company’s stock had a trading volume of 829,419 shares. The business’s 50-day moving average price is $137.54 and its 200-day moving average price is $130.07. The firm has a market cap of $30.86 billion, a PE ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week 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.