Palladiem LLC Acquires New Position in iShares MSCI USA Quality Factor ETF $QUAL

Palladiem LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,584 shares of the company’s stock, valued at approximately $1,117,000. iShares MSCI USA Quality Factor ETF accounts for approximately 1.1% of Palladiem LLC’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds also recently made changes to their positions in the stock. WealthBridge Capital Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after acquiring an additional 50 shares during the period. Empire Life Investments Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after acquiring an additional 50 shares during the period. Tompkins Financial Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after acquiring an additional 52 shares during the period. First Command Advisory Services Inc. grew its stake 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 valued at $74,000 after acquiring an additional 53 shares during the period. Finally, Members Trust Co grew its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after acquiring an additional 57 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.9%

Shares of BATS:QUAL opened at $213.14 on Friday. The stock has a 50 day moving average of $206.13 and a 200 day moving average of $202.13. The company has a market cap of $61.80 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $175.20 and a 12-month high of $217.65.

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.