Haverford Trust Co Acquires 87,118 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Haverford Trust Co boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,382,484 shares of the company’s stock after buying an additional 87,118 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 2.4% of Haverford Trust Co’s holdings, making the stock its 9th largest holding. Haverford Trust Co’s holdings in iShares MSCI USA Quality Factor ETF were worth $246,193,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Commerce Bank increased its stake in iShares MSCI USA Quality Factor ETF by 9.5% in the 3rd quarter. Commerce Bank now owns 3,517 shares of the company’s stock valued at $631,000 after buying an additional 305 shares during the last quarter. Citizens Financial Group Inc. RI lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock worth $390,000 after buying an additional 67 shares during the last quarter. King Luther Capital Management Corp acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $266,000. Citigroup Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 67.0% during the third quarter. Citigroup Inc. now owns 48,355 shares of the company’s stock worth $8,670,000 after buying an additional 19,407 shares in the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 4.0% in the 3rd quarter. Meridian Wealth Management LLC now owns 6,288 shares of the company’s stock valued at $1,127,000 after purchasing an additional 242 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 2.9 %

QUAL stock opened at $171.60 on Monday. The business has a 50-day simple moving average of $179.96 and a 200 day simple moving average of $180.29. The company has a market cap of $48.71 billion, a PE ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 52 week low of $154.17 and a 52 week high of $187.26.

iShares MSCI USA Quality Factor ETF Company 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.