iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,814 shares of the company’s stock after buying an additional 319 shares during the period. Sound Income Strategies LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,035,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Halpern Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $26,000. Barrett & Company Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. Voisard Asset Management Group Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Finally, Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.5 %

QUAL opened at $184.65 on Friday. The stock has a fifty day moving average of $181.67 and a 200-day moving average of $177.98. The firm has a market capitalization of $48.73 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.