Sfmg LLC Invests $470,000 in iShares MSCI USA Quality Factor ETF $QUAL

Sfmg LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,368 shares of the company’s stock, valued at approximately $470,000.

A number of other hedge funds have also made changes to their positions in the stock. WealthBridge Capital Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after buying an additional 50 shares during the period. Empire Life Investments Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after acquiring an additional 50 shares during the period. Tompkins Financial Corp grew its holdings in iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after acquiring an additional 52 shares during the period. Members Trust Co raised its position in iShares MSCI USA Quality Factor ETF by 4.3% in the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after acquiring an additional 57 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in iShares MSCI USA Quality Factor ETF by 3.5% in the fourth quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock worth $341,000 after acquiring an additional 58 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $215.49 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $175.20 and a twelve month high of $216.44. The company has a 50-day moving average of $203.92 and a 200-day moving average of $201.47. The firm has a market cap of $62.48 billion, a price-to-earnings 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.