Sheridan Capital Management LLC Acquires 17,480 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sheridan Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 143.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 29,677 shares of the company’s stock after purchasing an additional 17,480 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 3.0% of Sheridan Capital Management LLC’s holdings, making the stock its 9th biggest holding. Sheridan Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,772,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the business. Gallagher Fiduciary Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 13,080.9% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after buying an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% during the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock worth $445,701,000 after acquiring an additional 2,434,556 shares during the period. Symphony Financial Ltd. Co. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock valued at $313,849,000 after acquiring an additional 1,681,568 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $305,974,000. Finally, Orgel Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 56.8% in the second quarter. Orgel Wealth Management LLC now owns 2,954,525 shares of the company’s stock valued at $540,146,000 after purchasing an additional 1,070,608 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $203.32 on Friday. The company has a market cap of $58.95 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s 50-day moving average is $198.37 and its two-hundred day moving average is $192.78. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.