18,187 Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Bought by Nwam LLC

Nwam LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 18,187 shares of the company’s stock, valued at approximately $3,261,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Citigroup Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 67.0% during the third quarter. Citigroup Inc. now owns 48,355 shares of the company’s stock worth $8,670,000 after buying an additional 19,407 shares in the last quarter. Valence8 US LP increased its position in iShares MSCI USA Quality Factor ETF by 12.1% during the third quarter. Valence8 US LP now owns 337,472 shares of the company’s stock worth $60,509,000 after purchasing an additional 36,424 shares during the last quarter. Concorde Asset Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 7.0% during the third quarter. Concorde Asset Management LLC now owns 18,622 shares of the company’s stock worth $3,339,000 after buying an additional 1,225 shares during the period. 49 Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 38.6% during the third quarter. 49 Wealth Management LLC now owns 244,014 shares of the company’s stock worth $43,752,000 after buying an additional 67,967 shares during the period. Finally, Investors Research Corp boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.5% in the third quarter. Investors Research Corp now owns 5,304 shares of the company’s stock valued at $951,000 after purchasing an additional 230 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.7 %

Shares of QUAL stock opened at $182.08 on Friday. The company has a market capitalization of $48.05 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a fifty day simple moving average of $180.04 and a 200-day simple moving average of $173.72. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.