iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Raised by Corundum Group Inc.

Corundum Group Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 53.4% during the 4th quarter, Holdings Channel reports. The fund owned 1,994 shares of the company’s stock after acquiring an additional 694 shares during the quarter. Corundum Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $1,161,000. Edgestream Partners L.P. bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $803,000. Blair William & Co. IL lifted its position in iShares MSCI USA Quality Factor ETF by 24.0% in the second quarter. Blair William & Co. IL now owns 16,988 shares of the company’s stock worth $2,901,000 after purchasing an additional 3,287 shares during the period. Hsbc Holdings PLC boosted its stake in iShares MSCI USA Quality Factor ETF by 12.8% during the 2nd quarter. Hsbc Holdings PLC now owns 102,754 shares of the company’s stock valued at $17,546,000 after purchasing an additional 11,671 shares in the last quarter. Finally, Fidelis Capital Partners LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the 2nd quarter. Fidelis Capital Partners LLC now owns 40,215 shares of the company’s stock valued at $6,557,000 after purchasing an additional 3,631 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $180.68 on Monday. The stock’s fifty day moving average is $181.78 and its 200-day moving average is $177.82. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company has a market capitalization of $47.68 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.