Partners Wealth Management LLC Buys 6,086 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Partners Wealth Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,086 shares of the company’s stock, valued at approximately $1,353,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Soltis Investment Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Soltis Investment Advisors LLC now owns 7,921 shares of the company’s stock worth $1,760,000 after acquiring an additional 131 shares during the period. Founders Financial Securities LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 86.4% in the third quarter. Founders Financial Securities LLC now owns 36,358 shares of the company’s stock worth $8,080,000 after acquiring an additional 16,856 shares during the last quarter. Financial Network Wealth Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 4,814.3% in the third quarter. Financial Network Wealth Advisors LLC now owns 344 shares of the company’s stock valued at $76,000 after acquiring an additional 337 shares during the period. D.A. Davidson & CO. boosted its stake in iShares MSCI USA Quality Factor ETF by 2.8% in the third quarter. D.A. Davidson & CO. now owns 632,935 shares of the company’s stock valued at $140,664,000 after acquiring an additional 17,265 shares during the period. Finally, Essential Investment Partners LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 55.8% in the third quarter. Essential Investment Partners LLC now owns 2,477 shares of the company’s stock valued at $550,000 after acquiring an additional 887 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.0%

BATS:QUAL opened at $222.49 on Friday. The firm has a market capitalization of $64.51 billion, a PE ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average of $223.27 and a 200-day moving average of $212.55. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $228.13.

iShares MSCI USA Quality Factor ETF shares are going to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be payable 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.