Howard Financial Services LTD. Has $81.02 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Howard Financial Services LTD. grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 454,955 shares of the company’s stock after purchasing an additional 17,186 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 11.0% of Howard Financial Services LTD.’s investment portfolio, making the stock its largest holding. Howard Financial Services LTD. owned approximately 0.17% of iShares MSCI USA Quality Factor ETF worth $81,018,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of QUAL. GAMMA Investing LLC raised its position 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 valued at $299,000 after buying an additional 58 shares in the last quarter. Rosenberg Matthew Hamilton raised its holdings in iShares MSCI USA Quality Factor ETF by 5.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after acquiring an additional 59 shares in the last quarter. Procyon Advisors LLC raised its holdings 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 valued at $243,000 after acquiring an additional 61 shares in the last quarter. Columbus Macro LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after acquiring an additional 66 shares during the period. Finally, Beaumont Financial Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.0% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 2,301 shares of the company’s stock worth $413,000 after purchasing an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.3 %

QUAL opened at $180.68 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The stock has a market capitalization of $47.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company has a 50-day simple moving average of $181.78 and a 200 day simple moving average of $177.74.

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.