Tred Avon Family Wealth LLC Makes New Investment in iShares MSCI USA Quality Factor ETF $QUAL

Tred Avon Family Wealth LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,730 shares of the company’s stock, valued at approximately $725,000.

Other institutional investors have also modified their holdings of the company. Avantra Family Wealth Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $1,493,000. Walkner Condon Financial Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $213,000. Coordinated Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $980,000. CGC Financial Services LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 846.1% in the third quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock valued at $29,101,000 after buying an additional 133,804 shares in the last quarter. Finally, Insight Inv LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $1,016,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $203.40 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 stock has a fifty day moving average price of $198.57 and a two-hundred day moving average price of $193.00. The stock has a market capitalization of $58.98 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.