Peak Wealth Management LLC Makes New $5.42 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Peak Wealth Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 27,268 shares of the company’s stock, valued at approximately $5,416,000. iShares MSCI USA Quality Factor ETF accounts for 4.5% of Peak Wealth Management LLC’s portfolio, making the stock its 8th largest holding.

Other institutional investors have also recently bought and sold shares of the company. Avantra Family Wealth Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $1,493,000. Dynasty Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 18.3% during the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after acquiring an additional 90,195 shares during the period. Cabot Wealth Management Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 8.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after acquiring an additional 3,369 shares during the period. Insight Inv LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $1,016,000. Finally, CGC Financial Services LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 846.1% during the 3rd quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after acquiring an additional 133,804 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $210.43 on Monday. The company has a fifty day moving average price of $199.99 and a two-hundred day moving average price of $199.61. The firm has a market capitalization of $61.01 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $170.64 and a 52 week high of $211.02.

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