Cahill Financial Advisors Inc. Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cahill Financial Advisors Inc. boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 44.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 96,132 shares of the company’s stock after acquiring an additional 29,519 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 2.4% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 15th largest holding. Cahill Financial Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,237,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after acquiring an additional 58 shares during the period. Carnegie Investment Counsel boosted its stake in iShares MSCI USA Quality Factor ETF by 0.5% in the 2nd quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock worth $1,994,000 after purchasing an additional 61 shares during the period. Procyon Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after purchasing an additional 61 shares during the period. Bristlecone Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.4% during the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after buying an additional 63 shares in the last quarter. Finally, Columbus Macro LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after buying an additional 66 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $182.75 on Friday. The company’s 50-day moving average price is $180.16 and its 200-day moving average price is $173.87. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market cap of $48.23 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.