Steelhead Wealth Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 62,976 shares of the company’s stock, valued at approximately $12,079,000. iShares MSCI USA Quality Factor ETF makes up 6.1% of Steelhead Wealth Management LLC’s holdings, making the stock its 4th largest position.
A number of other hedge funds and other institutional investors have also recently modified their holdings of QUAL. Advocate Investing Services LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $27,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $30,000.
iShares MSCI USA Quality Factor ETF Price Performance
QUAL stock opened at $219.32 on Monday. The business has a 50 day moving average of $216.70 and a 200 day moving average of $207.37. The firm has a market cap of $63.59 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.65 and a twelve month high of $221.16.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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