Sound Income Strategies LLC Has $985,000 Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Sound Income Strategies LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,495 shares of the company’s stock after purchasing an additional 171 shares during the period. Sound Income Strategies LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $985,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Halpern Financial Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $26,000. Unique Wealth Strategies LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at $37,000. MCF Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $37,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $41,000. Finally, City State Bank increased its holdings in iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after purchasing an additional 141 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.6 %

Shares of QUAL opened at $181.43 on Monday. The stock’s 50-day moving average price is $175.40 and its two-hundred day moving average price is $169.55. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company has a market capitalization of $47.88 billion, a PE ratio of 23.03 and a beta of 1.03.

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.