iShares MSCI USA Quality Factor ETF $QUAL Stock Position Raised by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.3% during the 3rd quarter, Holdings Channel reports. The firm owned 73,486 shares of the company’s stock after buying an additional 3,681 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 3.7% of Global Wealth Strategies & Associates’ investment portfolio, making the stock its 5th biggest holding. Global Wealth Strategies & Associates’ holdings in iShares MSCI USA Quality Factor ETF were worth $14,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $29,000. CoreFirst Bank & Trust acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $33,000. CX Institutional boosted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. Finally, Legacy Investment Solutions LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 13.1%

Shares of QUAL opened at $199.80 on Tuesday. The firm has a market cap of $57.93 billion, a PE ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average is $195.87 and its two-hundred day moving average is $189.44. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26.

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.