Hicks Capital Management LLC Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Hicks Capital Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 11,978 shares of the company’s stock, valued at approximately $2,047,000. iShares MSCI USA Quality Factor ETF makes up about 2.7% of Hicks Capital Management LLC’s investment portfolio, making the stock its 10th largest holding.

Other large investors have also bought and sold shares of the company. Howe & Rusling Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.6% during the fourth quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock worth $138,000 after buying an additional 55 shares during the last quarter. Tucker Asset Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 11.5% during the 4th quarter. Tucker Asset Management LLC now owns 629 shares of the company’s stock worth $112,000 after acquiring an additional 65 shares during the last quarter. Florida Financial Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 2.9% during the 4th quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after acquiring an additional 66 shares during the last quarter. Private Portfolio Partners LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. Private Portfolio Partners LLC now owns 4,095 shares of the company’s stock worth $729,000 after purchasing an additional 68 shares in the last quarter. Finally, KMG Fiduciary Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 5.4% in the first quarter. KMG Fiduciary Partners LLC now owns 1,374 shares of the company’s stock valued at $235,000 after purchasing an additional 70 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 2.2%

Shares of QUAL stock opened at $180.48 on Friday. The firm has a market capitalization of $52.33 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s 50-day moving average price is $174.69 and its 200-day moving average price is $176.22. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26.

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.