Belpointe Asset Management LLC Purchases 4,636 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Belpointe Asset Management LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 109.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,866 shares of the company’s stock after purchasing an additional 4,636 shares during the period. Belpointe Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,725,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in QUAL. Almanack Investment Partners LLC. boosted its stake in iShares MSCI USA Quality Factor ETF by 0.4% in the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after buying an additional 52 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after acquiring an additional 54 shares during the last quarter. Cape Investment Advisory Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after purchasing an additional 57 shares in the last quarter. Atlas Brown Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after purchasing an additional 57 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock valued at $269,000 after purchasing an additional 58 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $204.39 on Thursday. The stock’s 50 day simple moving average is $199.95 and its 200 day simple moving average is $194.03. The firm has a market cap of $59.26 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26.

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.