Cardinal Strategic Wealth Guidance Has $42.23 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cardinal Strategic Wealth Guidance increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.2% during the fourth quarter, HoldingsChannel reports. The firm owned 237,114 shares of the company’s stock after buying an additional 21,974 shares during the period. iShares MSCI USA Quality Factor ETF comprises 13.5% of Cardinal Strategic Wealth Guidance’s portfolio, making the stock its 3rd biggest holding. Cardinal Strategic Wealth Guidance’s holdings in iShares MSCI USA Quality Factor ETF were worth $42,225,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. New Republic Capital LLC lifted its position in iShares MSCI USA Quality Factor ETF by 4.2% during the fourth quarter. New Republic Capital LLC now owns 9,082 shares of the company’s stock valued at $1,617,000 after purchasing an additional 369 shares during the period. Latitude Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 11.1% during the 4th quarter. Latitude Advisors LLC now owns 7,474 shares of the company’s stock valued at $1,331,000 after buying an additional 749 shares during the last quarter. Sovran Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $10,362,000. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $74,000. Finally, Mill Creek Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.4% in the fourth quarter. Mill Creek Capital Advisors LLC now owns 9,654 shares of the company’s stock worth $1,719,000 after acquiring an additional 495 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $184.14 on Tuesday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a fifty day moving average of $181.94 and a 200 day moving average of $178.91. The stock has a market cap of $48.59 billion, a PE ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.