Bay Harbor Wealth Management LLC Purchases 975 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bay Harbor Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,228 shares of the company’s stock after acquiring an additional 975 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 3.2% of Bay Harbor Wealth Management LLC’s holdings, making the stock its 11th largest holding. Bay Harbor Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,902,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $26,000. MCF Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $37,000. Unique Wealth Strategies LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $37,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $41,000. Finally, Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $48,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $179.76 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm’s 50-day simple moving average is $177.94 and its 200 day simple moving average is $170.79. The stock has a market cap of $47.44 billion, a PE ratio of 23.03 and a beta of 1.03.

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.