iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Freedom Investment Management Inc.

Freedom Investment Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,564 shares of the company’s stock after purchasing an additional 4,821 shares during the period. Freedom Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,329,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $26,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Finally, Centennial Bank AR acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.5 %

Shares of QUAL stock opened at $184.59 on Wednesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm’s 50 day moving average price is $180.44 and its two-hundred day moving average price is $174.34. The stock has a market cap of $48.71 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.