iShares MSCI USA Quality Factor ETF $QUAL Shares Purchased by Pinnacle Wealth Management Advisory Group LLC

by · The Markets Daily

Pinnacle Wealth Management Advisory Group LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 2.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 288,906 shares of the company’s stock after acquiring an additional 5,773 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 3.8% of Pinnacle Wealth Management Advisory Group LLC’s investment portfolio, making the stock its 3rd largest holding. Pinnacle Wealth Management Advisory Group LLC owned about 0.10% of iShares MSCI USA Quality Factor ETF worth $63,395,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of QUAL. Empire Life Investments Inc. grew its position in shares of 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 purchasing an additional 50 shares during the period. Sunbelt Securities Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after buying an additional 52 shares during the period. First Command Advisory Services Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares during the period. Northwest Financial Advisors raised its holdings in iShares MSCI USA Quality Factor ETF by 3.8% during the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after buying an additional 53 shares during the period. Finally, Sherman Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.3% in the second 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.

iShares MSCI USA Quality Factor ETF Stock Down 0.8%

iShares MSCI USA Quality Factor ETF stock opened at $220.79 on Wednesday. The stock has a market capitalization of $64.02 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $227.32. The company has a 50 day moving average of $221.26 and a 200-day moving average of $211.39.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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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