Insight Inv LLC Makes New $1.02 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Insight Inv LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 3rd quarter, HoldingsChannel reports. The fund purchased 5,226 shares of the company’s stock, valued at approximately $1,016,000.

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

iShares MSCI USA Quality Factor ETF Trading Up 15.2%

Shares of QUAL opened at $203.40 on Friday. The firm’s fifty day simple moving average is $198.57 and its two-hundred day simple moving average is $192.93. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The stock has a market capitalization of $58.98 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.