Armbruster Capital Management Inc. Purchases 185 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Armbruster Capital Management Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.1% in the 4th quarter, Holdings Channel reports. The fund owned 144,899 shares of the company’s stock after acquiring an additional 185 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 5.2% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 5th biggest position. Armbruster Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,804,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. GAMMA Investing LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after purchasing an additional 58 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in iShares MSCI USA Quality Factor ETF by 5.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after buying an additional 59 shares during the last quarter. Procyon Advisors LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 4.7% in the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after buying an additional 61 shares during the last quarter. Columbus Macro LLC raised its stake in 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 in the last quarter. Finally, Beaumont Financial Advisors LLC lifted its holdings in 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 buying an additional 67 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 4.2 %

Shares of QUAL opened at $184.10 on Monday. The firm has a market cap of $48.58 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a 50 day moving average of $181.80 and a 200-day moving average of $178.16.

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.