Cahill Financial Advisors Inc. Has $17.24 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cahill Financial Advisors Inc. increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 44.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,132 shares of the company’s stock after buying an additional 29,519 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 2.4% of Cahill Financial Advisors Inc.’s investment portfolio, making the stock its 15th biggest holding. Cahill Financial Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Halpern Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

QUAL opened at $182.75 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company’s 50-day moving average price is $180.16 and its two-hundred day moving average price is $173.87. The stock has a market cap of $48.23 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.