Shepherd Financial Partners LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Shepherd Financial Partners LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 20.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,618 shares of the company’s stock after purchasing an additional 2,633 shares during the quarter. Shepherd Financial Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,800,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Provident Investment Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 5.8% during the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after purchasing an additional 614 shares during the last quarter. Signaturefd LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after acquiring an additional 227 shares in the last quarter. Annandale Capital LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% in 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. Calamos Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock worth $295,000 after acquiring an additional 365 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 103.2% in the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after acquiring an additional 11,711 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.8 %

Shares of QUAL traded down $3.20 during mid-day trading on Friday, hitting $176.42. The stock had a trading volume of 1,933,215 shares. The company has a market cap of $46.56 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s fifty day simple moving average is $178.18 and its two-hundred day simple moving average is $171.22. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.