31,952 iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by Kestra Investment Management LLC

Kestra Investment Management LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 625,852 shares of the company’s stock after purchasing an additional 31,952 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.6% of Kestra Investment Management LLC’s investment portfolio, making the stock its 9th biggest position. Kestra Investment Management LLC owned 0.22% of iShares MSCI USA Quality Factor ETF worth $139,089,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Clear Wave Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 41.9% in the third quarter. Clear Wave Wealth Management LLC now owns 73,185 shares of the company’s stock valued at $16,265,000 after acquiring an additional 21,594 shares during the last quarter. Syntax Research Inc. grew its position in iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. Syntax Research Inc. now owns 40,577 shares of the company’s stock worth $9,018,000 after acquiring an additional 2,397 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $52,000. Almanack Investment Partners LLC. grew its position in iShares MSCI USA Quality Factor ETF by 1.8% in the third quarter. Almanack Investment Partners LLC. now owns 12,841 shares of the company’s stock worth $2,854,000 after acquiring an additional 225 shares during the period. Finally, Euro Pacific Asset Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $357,000.

iShares MSCI USA Quality Factor ETF Stock Up 2.2%

QUAL stock opened at $56.04 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $46.47 and a 52-week high of $57.03. The stock has a market cap of $48.58 billion, a price-to-earnings ratio of 25.60 and a beta of 1.00. The business has a fifty day moving average of $55.77 and a two-hundred day moving average of $53.29.

About iShares MSCI USA Quality Factor ETF

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.