Maiden Cove Capital LLC Makes New $1.08 Million Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Maiden Cove Capital LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,324 shares of the company’s stock, valued at approximately $1,078,000. iShares MSCI USA Quality Factor ETF comprises approximately 2.2% of Maiden Cove Capital LLC’s investment portfolio, making the stock its 9th largest holding.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after buying an additional 58 shares during the last quarter. Carnegie Investment Counsel grew its position in iShares MSCI USA Quality Factor ETF by 0.5% during the 2nd quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock worth $1,994,000 after acquiring an additional 61 shares during the last quarter. Procyon Advisors LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after purchasing an additional 61 shares in the last quarter. Bristlecone Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 0.4% in the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after purchasing an additional 63 shares during the last quarter. Finally, Columbus Macro LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.3% in the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after purchasing an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL traded up $0.44 during midday trading on Friday, hitting $184.42. 1,784,407 shares of the stock were exchanged. The business’s 50-day moving average price is $178.59 and its 200 day moving average price is $172.31. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market capitalization of $48.67 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.