4,584 iShares MSCI USA Quality Factor ETF $QUAL Shares Purchased by SteelPeak Wealth LLC

SteelPeak Wealth LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.2% during the third quarter, HoldingsChannel reports. The firm owned 45,525 shares of the company’s stock after buying an additional 4,584 shares during the period. SteelPeak Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of QUAL. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $28,000. Godsey & Gibb Inc. raised its position in iShares MSCI USA Quality Factor ETF by 69.8% in the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after buying an additional 67 shares during the last quarter. Indiana Trust & Investment Management Co raised its position in iShares MSCI USA Quality Factor ETF by 1,500.0% in the 1st quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock worth $34,000 after buying an additional 165 shares during the last quarter. First Community Trust NA bought a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $40,000. Finally, Strive Financial Group LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1,730.0% during the 2nd quarter. Strive Financial Group LLC now owns 183 shares of the company’s stock valued at $40,000 after acquiring an additional 173 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.8%

Shares of BATS QUAL opened at $224.93 on Friday. The firm’s 50-day moving average price is $223.38 and its 200-day moving average price is $216.09. The company has a market cap of $65.22 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $228.13.

iShares MSCI USA Quality Factor ETF shares are scheduled to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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.