Chatterton & Associates Inc. Invests $1.98 Million in iShares MSCI USA Quality Factor ETF $QUAL

Chatterton & Associates Inc. bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 9,984 shares of the company’s stock, valued at approximately $1,983,000. iShares MSCI USA Quality Factor ETF accounts for 1.7% of Chatterton & Associates Inc.’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Avantra Family Wealth Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $1,493,000. Dynasty Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 18.3% in the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after purchasing an additional 90,195 shares during the period. Cabot Wealth Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 8.7% in the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after purchasing an additional 3,369 shares during the period. Insight Inv LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $1,016,000. Finally, CGC Financial Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 846.1% during the third quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after purchasing an additional 133,804 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $193.16 on Friday. The firm has a market cap of $56.01 billion, a P/E 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 $205.65. The stock’s 50 day moving average is $199.44 and its two-hundred day moving average is $197.96.

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.