Apollon Wealth Management LLC Acquires 5,380 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Apollon Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,639 shares of the company’s stock after acquiring an additional 5,380 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 0.8% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $51,144,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. WealthBridge Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after buying an additional 50 shares in the last quarter. Empire Life Investments Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after acquiring an additional 50 shares during the last quarter. Tompkins Financial Corp increased its holdings in iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after acquiring an additional 52 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after purchasing an additional 52 shares in the last quarter. Finally, First Command Advisory Services Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $213.66 on Monday. The firm has a 50-day simple moving average of $212.03 and a two-hundred day simple moving average of $204.21. iShares MSCI USA Quality Factor ETF has a 52 week low of $180.66 and a 52 week high of $219.82. The company has a market capitalization of $61.95 billion, a PE 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.