Whalen Wealth Management Inc. Makes New $1.02 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Whalen Wealth Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,580 shares of the company’s stock, valued at approximately $1,018,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $28,000. Cornerstone Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $30,000. Godsey & Gibb Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 69.8% during the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after purchasing an additional 67 shares in the last quarter. Indiana Trust & Investment Management Co increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1,500.0% in the first quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock worth $34,000 after purchasing an additional 165 shares during the period. Finally, Hurley Capital LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $35,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.1%

BATS:QUAL traded down $0.25 during trading hours on Thursday, hitting $225.65. 493,914 shares of the company’s stock traded hands, compared to its average volume of 1,587,985. The firm has a market cap of $65.43 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $227.32. The business’s fifty day simple moving average is $222.88 and its two-hundred day simple moving average is $214.55.

Shares of iShares MSCI USA Quality Factor ETF are set to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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.