iShares MSCI USA Quality Factor ETF $QUAL Shares Purchased by Stillwater Wealth Management Group

Stillwater Wealth Management Group raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 33,964 shares of the company’s stock after acquiring an additional 3,279 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 4.0% of Stillwater Wealth Management Group’s portfolio, making the stock its 7th biggest position. Stillwater Wealth Management Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. AdvisorShares Investments LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $70,161,000. Facet Wealth Inc. increased its position in iShares MSCI USA Quality Factor ETF by 11.3% during the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after purchasing an additional 334,234 shares during the last quarter. Unison Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 61.6% during the first quarter. Unison Advisors LLC now owns 603,217 shares of the company’s stock worth $115,703,000 after purchasing an additional 229,969 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC increased its position in iShares MSCI USA Quality Factor ETF by 263.8% during the first quarter. Elevation Point Wealth Partners LLC now owns 176,633 shares of the company’s stock worth $33,880,000 after purchasing an additional 128,082 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL traded up $0.82 during trading hours on Wednesday, reaching $226.51. 1,403,221 shares of the company were exchanged, compared to its average volume of 1,562,525. The firm has a market cap of $65.68 billion, a price-to-earnings 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 $228.13. The stock has a 50 day simple moving average of $223.38 and a 200 day simple moving average of $216.76.

iShares MSCI USA Quality Factor ETF shares are going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly created 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.