BAM Wealth Management LLC Purchases Shares of 3,561 iShares MSCI USA Quality Factor ETF $QUAL

BAM Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,561 shares of the company’s stock, valued at approximately $693,000.

Several other hedge funds have also modified their holdings of QUAL. Brighton Jones LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $81,990,000. Bison Wealth LLC grew its position in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after acquiring an additional 3,383 shares during the period. AQR Capital Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after acquiring an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after acquiring an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $202.71 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 firm has a market capitalization of $58.78 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50-day simple moving average is $199.21 and its 200-day simple moving average is $193.55.

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.