Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 83,616 shares of the company’s stock, valued at approximately $18,583,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sherman Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 0.3% during the 2nd quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock valued at $4,548,000 after buying an additional 53 shares in the last quarter. Signature Equity Partners LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 12.6% in the first quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock worth $94,000 after acquiring an additional 55 shares in the last quarter. Asset Allocation Strategies LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.2% in the second quarter. Asset Allocation Strategies LLC now owns 2,599 shares of the company’s stock worth $570,000 after acquiring an additional 57 shares during the last quarter. Lodestone Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.7% in the third quarter. Lodestone Wealth Management LLC now owns 2,187 shares of the company’s stock worth $486,000 after acquiring an additional 57 shares during the last quarter. Finally, Riverbend Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the third quarter. Riverbend Wealth Management LLC now owns 2,082 shares of the company’s stock worth $463,000 after acquiring an additional 59 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Price Performance
Shares of BATS:QUAL opened at $221.91 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $228.13. The business has a fifty day moving average price of $223.20 and a 200-day moving average price of $212.74. The company has a market capitalization of $64.34 billion, a PE ratio of 25.59 and a beta of 1.05.
iShares MSCI USA Quality Factor ETF shares are scheduled to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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