Leicht Financial Planning & Wealth Management Inc. Purchases New Shares in iShares MSCI USA Quality Factor ETF $QUAL

Leicht Financial Planning & Wealth Management Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,179 shares of the company’s stock, valued at approximately $8,707,000. iShares MSCI USA Quality Factor ETF comprises about 3.6% of Leicht Financial Planning & Wealth Management Inc.’s portfolio, making the stock its 9th largest position.

A number of other large investors have also recently added to or reduced their stakes in QUAL. Sawyer & Company Inc purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $28,000. Kings Path Partners LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $33,000. First Community Trust NA acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $40,000. Strive Financial Group LLC raised its position in iShares MSCI USA Quality Factor ETF by 1,730.0% in the second quarter. Strive Financial Group LLC now owns 183 shares of the company’s stock valued at $40,000 after purchasing an additional 173 shares during the period. Finally, Security National Bank of Sioux City Iowa IA purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at $49,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.1%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $54.83 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $46.47 and a 52 week high of $57.03. The business’s fifty day simple moving average is $55.77 and its 200-day simple moving average is $53.26. The firm has a market cap of $15.90 billion, a PE ratio of 25.59 and a beta of 1.05.

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.