iShares MSCI USA Quality Factor ETF $QUAL Stock: Carnegie Investment Counsel Raises Holdings

Carnegie Investment Counsel grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.9% in the 3rd quarter, Holdings Channel reports. The firm owned 19,645 shares of the company’s stock after acquiring an additional 2,544 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,366,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwest Financial Advisors lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.8% in the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after purchasing an additional 53 shares during the last quarter. Sherman Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.3% during the 2nd quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock valued at $4,548,000 after purchasing an additional 53 shares during the period. Signature Equity Partners LLC grew its stake in iShares MSCI USA Quality Factor ETF by 12.6% during the 1st quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock worth $94,000 after buying an additional 55 shares during the last quarter. Asset Allocation Strategies LLC grew its stake in iShares MSCI USA Quality Factor ETF by 2.2% during the 2nd quarter. Asset Allocation Strategies LLC now owns 2,599 shares of the company’s stock worth $570,000 after buying an additional 57 shares during the last quarter. Finally, Lodestone Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 2.7% during the 3rd quarter. Lodestone Wealth Management LLC now owns 2,187 shares of the company’s stock worth $486,000 after buying an additional 57 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $226.06 on Thursday. The firm has a market capitalization of $65.55 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $228.13. The business’s fifty day moving average price is $223.40 and its two-hundred day moving average price is $217.00.

iShares MSCI USA Quality Factor ETF shares are going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Wednesday, November 4th.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.