CGC Financial Services LLC Raises Holdings in iShares MSCI USA Quality Factor ETF $QUAL

CGC Financial Services LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 846.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,619 shares of the company’s stock after acquiring an additional 133,804 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 8.0% of CGC Financial Services LLC’s investment portfolio, making the stock its 5th biggest holding. CGC Financial Services LLC owned approximately 0.05% of iShares MSCI USA Quality Factor ETF worth $29,101,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $29,000. CoreFirst Bank & Trust bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $33,000. Phillips Financial Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $39,000. CX Institutional grew its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the period. Finally, Legacy Investment Solutions LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 15.5%

iShares MSCI USA Quality Factor ETF stock opened at $204.10 on Friday. The company has a market capitalization of $59.18 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The firm’s fifty day moving average is $197.68 and its 200 day moving average is $192.23.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.