Clarendon Private LLC Acquires Shares of 8,605 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Clarendon Private LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,605 shares of the company’s stock, valued at approximately $1,532,000. iShares MSCI USA Quality Factor ETF makes up about 1.6% of Clarendon Private LLC’s holdings, making the stock its 12th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of QUAL. Halpern Financial Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $26,000. Barrett & Company Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Finally, Centennial Bank AR acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $184.10 on Friday. The stock has a fifty day moving average price of $181.80 and a two-hundred day moving average price of $178.14. The company has a market cap of $48.58 billion, a price-to-earnings ratio of 23.03 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.