iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Bay Harbor Wealth Management LLC

Bay Harbor Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 58,414 shares of the company’s stock after acquiring an additional 3,186 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 3.4% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 11th largest position. Bay Harbor Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,402,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of QUAL. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Barrett & Company Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $182.31 on Tuesday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a 50-day moving average price of $182.04 and a 200 day moving average price of $178.49. The company has a market capitalization of $48.11 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.