New Republic Capital LLC Grows Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

New Republic Capital LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,082 shares of the company’s stock after acquiring an additional 369 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.1% of New Republic Capital LLC’s portfolio, making the stock its 25th biggest holding. New Republic Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock valued at $444,000 after purchasing an additional 189 shares during the last quarter. Alpha Financial Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 903.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after buying an additional 34,820 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the 3rd quarter. Sound Income Strategies LLC now owns 5,495 shares of the company’s stock worth $985,000 after acquiring an additional 171 shares during the period. Armstrong Advisory Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 28.3% during the third quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock worth $120,000 after purchasing an additional 148 shares during the period. Finally, Paladin Wealth LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $1,853,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $184.14 on Tuesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock has a 50 day moving average of $181.94 and a 200 day moving average of $178.91. The firm has a market capitalization of $48.59 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.