Transcend Capital Advisors LLC Acquires 1,821 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Transcend Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.6% during the fourth quarter, HoldingsChannel reports. The firm owned 19,056 shares of the company’s stock after purchasing an additional 1,821 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Baystate Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.2% in the 4th quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock valued at $24,914,000 after acquiring an additional 1,997 shares during the period. Western Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 6.8% in the 3rd quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock valued at $4,508,000 after acquiring an additional 2,163 shares during the period. Millington Financial Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock valued at $2,863,000 after acquiring an additional 296 shares during the period. Day & Ennis LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.2% in the 4th quarter. Day & Ennis LLC now owns 75,901 shares of the company’s stock valued at $11,168,000 after acquiring an additional 898 shares during the period. Finally, MA Private Wealth raised its stake in iShares MSCI USA Quality Factor ETF by 50.6% in the 4th quarter. MA Private Wealth now owns 272,596 shares of the company’s stock valued at $40,110,000 after acquiring an additional 91,571 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.3 %

iShares MSCI USA Quality Factor ETF stock traded up $1.97 during midday trading on Friday, reaching $159.05. The stock had a trading volume of 716,646 shares. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm’s 50-day moving average price is $160.95 and its 200 day moving average price is $149.80. The firm has a market capitalization of $41.62 billion, a PE ratio of 23.32 and a beta of 1.04.

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.