iShares MSCI USA Quality Factor ETF $QUAL Stock Position Lifted by Pinion Investment Advisors LLC

by · The Cerbat Gem

Pinion Investment Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 12.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,668 shares of the company’s stock after buying an additional 2,646 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.3% of Pinion Investment Advisors LLC’s holdings, making the stock its 15th biggest position. Pinion Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,856,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of QUAL. Bangor Savings Bank grew its stake in iShares MSCI USA Quality Factor ETF by 23.9% in the third quarter. Bangor Savings Bank now owns 1,489 shares of the company’s stock valued at $290,000 after purchasing an additional 287 shares in the last quarter. West Wealth Group LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 3.2% in the third quarter. West Wealth Group LLC now owns 30,238 shares of the company’s stock valued at $5,857,000 after acquiring an additional 942 shares during the last quarter. First Horizon Corp acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $36,000. MGO One Seven LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 178.5% during the 3rd quarter. MGO One Seven LLC now owns 122,067 shares of the company’s stock valued at $23,742,000 after purchasing an additional 78,239 shares in the last quarter. Finally, Vantage Point Financial LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.3% during the 3rd quarter. Vantage Point Financial LLC now owns 13,907 shares of the company’s stock valued at $2,705,000 after purchasing an additional 704 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 15.6%

Shares of BATS:QUAL opened at $204.27 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The firm has a fifty day moving average price of $197.84 and a 200 day moving average price of $192.49. The stock has a market capitalization of $59.23 billion, a PE ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

(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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