Kerusso Capital Management LLC Buys New Stake in iShares MSCI USA Quality Factor ETF $QUAL

Kerusso Capital Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 2,682 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $225.84 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $185.88 and a fifty-two week high of $227.32. The company has a fifty day moving average of $218.64 and a two-hundred day moving average of $208.92. The stock has a market capitalization of $65.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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