iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Pinnacle Wealth Management Advisory Group LLC

by · The Cerbat Gem

Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 0.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,526 shares of the company’s stock after purchasing an additional 1,119 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 3.9% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 2nd biggest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. Bank Julius Baer & Co. Ltd Zurich grew its position in iShares MSCI USA Quality Factor ETF by 982,451.8% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 50,218,220 shares of the company’s stock worth $6,772,429,000 after purchasing an additional 50,213,109 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 16.1% during the second quarter. Envestnet Asset Management Inc. now owns 34,482,396 shares of the company’s stock valued at $4,650,641,000 after purchasing an additional 4,774,467 shares during the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 2.6% during the second quarter. LPL Financial LLC now owns 12,673,709 shares of the company’s stock valued at $1,709,303,000 after purchasing an additional 325,351 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 116.6% during the second quarter. PNC Financial Services Group Inc. now owns 12,031,697 shares of the company’s stock valued at $1,622,715,000 after purchasing an additional 6,476,112 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 145.7% during the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock valued at $847,564,000 after purchasing an additional 4,051,296 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL traded up $0.13 during mid-day trading on Friday, hitting $144.75. The stock had a trading volume of 1,067,576 shares. The company has a market cap of $32.73 billion, a PE ratio of 16.30 and a beta of 1.03. The company’s 50 day moving average is $141.64 and its 200-day moving average is $137.56. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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.

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