HB Wealth Management LLC Purchases 13,091 Shares of iShares MSCI USA Quality Factor ETF $QUAL

HB Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 256.4% during the third quarter, HoldingsChannel.com reports. The firm owned 18,196 shares of the company’s stock after buying an additional 13,091 shares during the period. HB Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Gallagher Fiduciary Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 13,080.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after buying an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% during the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after acquiring an additional 2,434,556 shares in the last quarter. Symphony Financial Ltd. Co. raised its position in iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after purchasing an additional 1,681,568 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth about $305,974,000. Finally, Orgel Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 56.8% during the second quarter. Orgel Wealth Management LLC now owns 2,954,525 shares of the company’s stock worth $540,146,000 after purchasing an additional 1,070,608 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 15.5%

QUAL stock opened at $204.10 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The business’s 50 day moving average is $197.68 and its 200-day moving average is $192.14. The firm has a market cap of $59.18 billion, a P/E 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.