Noble Wealth Partners LLC Makes New $5.22 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Noble Wealth Partners LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, Holdings Channel reports. The firm purchased 23,812 shares of the company’s stock, valued at approximately $5,225,000. iShares MSCI USA Quality Factor ETF comprises approximately 4.5% of Noble Wealth Partners LLC’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Brighton Jones LLC increased its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $81,990,000. Bison Wealth LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after acquiring an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after acquiring an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $222.58 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $227.32. The company has a market cap of $64.54 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50-day simple moving average is $221.12 and its 200 day simple moving average is $211.06.

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.