Harbour Investments Inc. Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Harbour Investments Inc. grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,038 shares of the company’s stock after acquiring an additional 545 shares during the period. Harbour Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,179,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Apollon Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 12.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 23,565 shares of the company’s stock worth $4,225,000 after buying an additional 2,645 shares in the last quarter. Alaska Permanent Capital Management lifted its stake in iShares MSCI USA Quality Factor ETF by 3.1% in the third quarter. Alaska Permanent Capital Management now owns 12,396 shares of the company’s stock worth $2,222,000 after acquiring an additional 371 shares during the period. Venturi Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 16,516 shares of the company’s stock valued at $2,961,000 after purchasing an additional 161 shares during the period. Catalytic Wealth RIA LLC increased its position in iShares MSCI USA Quality Factor ETF by 4.6% during the 3rd quarter. Catalytic Wealth RIA LLC now owns 4,686 shares of the company’s stock valued at $840,000 after purchasing an additional 207 shares during the period. Finally, 1900 Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 14.3% in the 3rd quarter. 1900 Wealth Management LLC now owns 223,917 shares of the company’s stock valued at $36,801,000 after purchasing an additional 28,025 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $184.32 on Tuesday. The company has a market cap of $48.64 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $178.59 and its 200-day moving average price is $172.42. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.