GSB Wealth Management LLC Buys New Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

GSB Wealth Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,159 shares of the company’s stock, valued at approximately $208,000.

A number of other institutional investors and hedge funds also recently modified their holdings of QUAL. Mutual Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 3rd quarter. Mutual Advisors LLC now owns 47,157 shares of the company’s stock valued at $8,475,000 after purchasing an additional 902 shares during the period. Highview Capital Management LLC DE lifted its stake in iShares MSCI USA Quality Factor ETF by 3.7% during the third quarter. Highview Capital Management LLC DE now owns 35,260 shares of the company’s stock valued at $6,322,000 after buying an additional 1,251 shares in the last quarter. GW Henssler & Associates Ltd. lifted its stake in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. GW Henssler & Associates Ltd. now owns 90,611 shares of the company’s stock valued at $16,247,000 after buying an additional 5,856 shares in the last quarter. Tyche Wealth Partners LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.4% in the third quarter. Tyche Wealth Partners LLC now owns 3,905 shares of the company’s stock worth $700,000 after buying an additional 201 shares during the period. Finally, PBMares Wealth Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $233,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $179.62 on Thursday. The firm has a 50 day simple moving average of $178.17 and a 200 day simple moving average of $171.19. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market cap of $47.40 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.