Pacific Wealth Management Has $5.16 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Pacific Wealth Management increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,526 shares of the company’s stock after purchasing an additional 3,512 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 2.6% of Pacific Wealth Management’s investment portfolio, making the stock its 7th largest position. Pacific Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,159,000 at the end of the most recent reporting period.

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

iShares MSCI USA Quality Factor ETF Trading Up 12.8%

BATS QUAL opened at $199.18 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company has a market capitalization of $57.75 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average is $197.22 and its two-hundred day moving average is $191.25.

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.