Objective Capital Management LLC Makes New $223,000 Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Objective Capital Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,244 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors have also recently modified their holdings of the business. Assetmark Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 15.3% in the third quarter. Assetmark Inc. now owns 44,692 shares of the company’s stock valued at $8,013,000 after purchasing an additional 5,921 shares during the period. Galvin Gaustad & Stein LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 5.1% in the third quarter. Galvin Gaustad & Stein LLC now owns 1,734 shares of the company’s stock valued at $311,000 after buying an additional 84 shares in the last quarter. SpiderRock Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 13.3% during the 3rd quarter. SpiderRock Advisors LLC now owns 15,893 shares of the company’s stock valued at $2,850,000 after acquiring an additional 1,868 shares during the period. Leavell Investment Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 33,767 shares of the company’s stock worth $6,054,000 after acquiring an additional 1,424 shares in the last quarter. Finally, Aspire Wealth Management Corp grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.3% in the 3rd quarter. Aspire Wealth Management Corp now owns 9,845 shares of the company’s stock worth $1,765,000 after acquiring an additional 674 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $184.42 on Friday. The stock has a fifty day moving average price of $178.59 and a 200 day moving average price of $172.31. The stock has a market cap of $48.67 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

iShares MSCI USA Quality Factor ETF 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.