Houlihan Financial Resource Group Ltd. Takes Position in iShares MSCI USA Quality Factor ETF $QUAL

Houlihan Financial Resource Group Ltd. purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 11,535 shares of the company’s stock, valued at approximately $2,115,000.

A number of other hedge funds have also recently modified their holdings of QUAL. Brighton Jones LLC lifted its stake in shares of 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 valued at $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $81,990,000. Bison Wealth LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares in the last quarter. Nuveen LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $7,256,000. Finally, Prudential PLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 1st quarter. Prudential PLC now owns 8,276 shares of the company’s stock worth $1,414,000 after acquiring an additional 1,470 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 12.9%

QUAL opened at $199.47 on Friday. The company has a market cap of $57.84 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s fifty day simple moving average is $195.81 and its two-hundred day simple moving average is $189.11. 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.