Galvin Gaustad & Stein LLC Acquires 101 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Galvin Gaustad & Stein LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,835 shares of the company’s stock after acquiring an additional 101 shares during the period. Galvin Gaustad & Stein LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $327,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Halpern Financial Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $26,000. Barrett & Company Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. OLD Second National Bank of Aurora bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. Finally, Centennial Bank AR bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $183.31 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock’s 50-day simple moving average is $181.67 and its 200 day simple moving average is $177.94. The stock has a market capitalization of $48.38 billion, a P/E 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.