Perigon Wealth Management LLC Has $27.67 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Perigon Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 161,886 shares of the company’s stock after acquiring an additional 16,181 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 0.7% of Perigon Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. Perigon Wealth Management LLC owned about 0.06% of iShares MSCI USA Quality Factor ETF worth $27,665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. BankPlus Trust Department acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $27,000. Rialto Wealth Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $32,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $32,000. Bellwether Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $32,000. Finally, Mascagni Wealth Management Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $179.33 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The firm has a 50 day moving average price of $174.30 and a two-hundred day moving average price of $176.19. The stock has a market cap of $52.00 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.