Larch Capital Partners LLC Invests $2.35 Million in iShares MSCI USA Quality Factor ETF $QUAL

Larch Capital Partners LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, HoldingsChannel.com reports. The fund bought 11,833 shares of the company’s stock, valued at approximately $2,350,000. iShares MSCI USA Quality Factor ETF accounts for 0.3% of Larch Capital Partners LLC’s holdings, making the stock its 20th biggest holding.

Several other hedge funds have also bought and sold shares of the company. WealthBridge Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares during the period. Empire Life Investments Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after buying an additional 50 shares during the last quarter. Tompkins Financial Corp lifted its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% in the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after buying an additional 52 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after acquiring an additional 52 shares during the period. Finally, First Command Advisory Services Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after acquiring an additional 53 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.7%

QUAL opened at $215.89 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $175.20 and a 1-year high of $219.82. The stock’s fifty day simple moving average is $210.49 and its 200 day simple moving average is $203.56. The stock has a market cap of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.