Strait & Sound Wealth Management LLC Buys 1,053 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Strait & Sound Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 89.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,229 shares of the company’s stock after buying an additional 1,053 shares during the quarter. Strait & Sound Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $400,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of QUAL. GAMMA Investing LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after buying an additional 58 shares during the last quarter. Carnegie Investment Counsel boosted its position in iShares MSCI USA Quality Factor ETF by 0.5% in the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock worth $1,994,000 after purchasing an additional 61 shares during the last quarter. Procyon Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares during the period. Bristlecone Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF by 0.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after purchasing an additional 63 shares during the period. Finally, Columbus Macro LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after purchasing an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $185.57 on Tuesday. The company has a market capitalization of $48.97 billion, a P/E ratio of 23.03 and a beta of 1.03. The company’s 50-day moving average is $181.70 and its 200 day moving average is $175.63. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two 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.