QRG Capital Management Inc. Boosts Position in iShares MSCI USA Quality Factor ETF $QUAL

QRG Capital Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 81.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,192 shares of the company’s stock after buying an additional 6,821 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,955,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Almanack Investment Partners LLC. increased its holdings in iShares MSCI USA Quality Factor ETF by 0.4% during the 3rd quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after acquiring an additional 52 shares during the period. Galvin Gaustad & Stein LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after purchasing an additional 54 shares in the last quarter. Cape Investment Advisory Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after purchasing an additional 57 shares in the last quarter. Atlas Brown Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the third quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after purchasing an additional 57 shares during the period. Finally, GFG Capital LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the third quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after buying an additional 59 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $203.40 on Monday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The stock has a fifty day moving average of $198.57 and a 200 day moving average of $193.06. The firm has a market capitalization of $58.98 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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