iShares MSCI USA Quality Factor ETF $QUAL Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 217.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,766 shares of the company’s stock after buying an additional 37,523 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,505,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advocate Investing Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $216.81 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.65 and a fifty-two week high of $221.16. The firm’s 50 day moving average price is $216.10 and its two-hundred day moving average price is $206.85. The stock has a market cap of $62.86 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.