Perigon Wealth Management LLC Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Perigon Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.0% in the 3rd quarter, Holdings Channel reports. The firm owned 182,345 shares of the company’s stock after acquiring an additional 26,466 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 0.7% of Perigon Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Perigon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $35,466,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of QUAL. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth about $29,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $33,000. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $37,000. CX Institutional raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Trading Up 13.8%

Shares of QUAL opened at $201.03 on Friday. The firm has a fifty day simple moving average of $196.87 and a two-hundred day simple moving average of $190.64. The firm has a market cap of $58.29 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.