Bedminster LLC Acquires Shares of 25,716 iShares MSCI USA Quality Factor ETF $QUAL

Bedminster LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,716 shares of the company’s stock, valued at approximately $5,108,000. iShares MSCI USA Quality Factor ETF accounts for 4.7% of Bedminster LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. Avantra Family Wealth Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $1,493,000. Dynasty Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 18.3% during the third quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock valued at $113,218,000 after buying an additional 90,195 shares during the last quarter. Cabot Wealth Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 8.7% during the third quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock valued at $8,177,000 after buying an additional 3,369 shares during the last quarter. Insight Inv LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $1,016,000. Finally, Cassilly Financial Group LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $1,348,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $212.37 on Friday. The stock has a market cap of $61.58 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average price is $200.65 and its 200-day moving average price is $200.14. iShares MSCI USA Quality Factor ETF has a one year low of $173.00 and a one year high of $212.78.

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.