Apollon Wealth Management LLC Buys 4,558 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Apollon Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 269,421 shares of the company’s stock after buying an additional 4,558 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 0.9% of Apollon Wealth Management LLC’s holdings, making the stock its 17th largest holding. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $52,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Keener Financial Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $29,000. CoreFirst Bank & Trust bought a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $33,000. Legacy Wealth Managment LLC ID bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $37,000. CX Institutional lifted its holdings in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $201.03 on Friday. The firm has a market cap of $58.29 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average price is $196.87 and its two-hundred day moving average price is $190.64. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26.

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.