Cloverfields Capital Group LP Boosts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cloverfields Capital Group LP increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 11.2% in the fourth quarter, HoldingsChannel reports. The firm owned 3,563 shares of the company’s stock after purchasing an additional 358 shares during the quarter. Cloverfields Capital Group LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $524,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $337,131,000. FMR LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after acquiring an additional 923,875 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares MSCI USA Quality Factor ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after acquiring an additional 897,256 shares during the period. The Manufacturers Life Insurance Company bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $66,650,000. Finally, Miracle Mile Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 109.9% during the fourth quarter. Miracle Mile Advisors LLC now owns 806,339 shares of the company’s stock valued at $118,645,000 after purchasing an additional 422,241 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.6 %

BATS:QUAL traded up $1.05 during trading hours on Friday, reaching $165.74. The company had a trading volume of 896,049 shares. The firm has a market cap of $43.74 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $161.91 and its 200-day moving average price is $154.95. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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