Partners Wealth Management LLC Makes New Investment in iShares MSCI USA Quality Factor ETF $QUAL

Partners Wealth Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,086 shares of the company’s stock, valued at approximately $1,353,000.

A number of other hedge funds have also recently bought and sold shares of QUAL. Sawyer & Company Inc bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $28,000. Kings Path Partners LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $33,000. Indiana Trust & Investment Management Co raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1,500.0% in the 1st quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock worth $34,000 after purchasing an additional 165 shares in the last quarter. First Community Trust NA bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $40,000. Finally, Strive Financial Group LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1,730.0% during the second quarter. Strive Financial Group LLC now owns 183 shares of the company’s stock valued at $40,000 after purchasing an additional 173 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $222.49 on Friday. The firm has a market cap of $64.51 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $228.13. The firm has a 50 day simple moving average of $223.27 and a 200 day simple moving average of $212.55.

iShares MSCI USA Quality Factor ETF shares are going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes 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.