Pinnacle Wealth Planning Services Inc. Invests $549,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Pinnacle Wealth Planning Services Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,083 shares of the company’s stock, valued at approximately $549,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $25,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $27,000. BankPlus Trust Department acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $27,000. MGB Wealth Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $39,000. Finally, Empowered Funds LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $176.20 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26. The company has a 50 day moving average price of $181.54 and a 200 day moving average price of $180.57. The firm has a market capitalization of $48.93 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04.

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.