Procyon Advisors LLC Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Procyon Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 156.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,466 shares of the company’s stock after acquiring an additional 2,112 shares during the quarter. Procyon Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $617,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Signaturefd LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after buying an additional 227 shares in the last quarter. Annandale Capital LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after acquiring an additional 363 shares in the last quarter. AlTi Global Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the 2nd quarter. AlTi Global Inc. now owns 30,297 shares of the company’s stock valued at $5,174,000 after purchasing an additional 947 shares in the last quarter. CreativeOne Wealth LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after purchasing an additional 76,472 shares during the period. Finally, Mattson Financial Services LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $2,135,000.

iShares MSCI USA Quality Factor ETF Trading Up 2.3 %

Shares of QUAL opened at $180.68 on Friday. The firm has a market cap of $47.68 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s 50 day moving average is $181.78 and its two-hundred day moving average is $177.78. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month 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.