Cabot Wealth Management Inc. Grows Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Cabot Wealth Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,675 shares of the company’s stock after buying an additional 835 shares during the quarter. Cabot Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,071,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of QUAL. Brighton Jones LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $81,990,000. Bison Wealth LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares during the period. Bessemer Group Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 394.8% in the first quarter. Bessemer Group Inc. now owns 23,810 shares of the company’s stock valued at $4,069,000 after purchasing an additional 18,998 shares during the period. Finally, Diversified Trust Co increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 13.1% in the first quarter. Diversified Trust Co now owns 4,095 shares of the company’s stock valued at $700,000 after purchasing an additional 475 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $196.89 on Friday. The stock’s 50-day simple moving average is $191.99 and its 200-day simple moving average is $182.64. The firm has a market capitalization of $57.09 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26.

About iShares MSCI USA Quality Factor ETF

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.