Summa Corp. Purchases Shares of 28,300 iShares MSCI USA Quality Factor ETF $QUAL

Summa Corp. acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 28,300 shares of the company’s stock, valued at approximately $5,428,000. iShares MSCI USA Quality Factor ETF comprises about 2.2% of Summa Corp.’s holdings, making the stock its 5th biggest holding.

Other large investors have also modified their holdings of the company. Coldstream Capital Management Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 132.4% during the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after purchasing an additional 595,017 shares during the last quarter. Cassilly Financial Group LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $1,348,000. Aspen Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock valued at $45,461,000 after purchasing an additional 5,878 shares during the period. Keel Point LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 37.0% in the 3rd quarter. Keel Point LLC now owns 13,818 shares of the company’s stock valued at $2,688,000 after purchasing an additional 3,732 shares during the period. Finally, Liberty Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 2.0% during the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock worth $31,622,000 after buying an additional 3,188 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.5%

QUAL traded up $1.19 during trading on Friday, hitting $219.69. 1,370,117 shares of the stock were exchanged, compared to its average volume of 1,894,405. The firm has a market capitalization of $63.70 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $181.55 and a 1-year high of $220.24. The stock has a fifty day moving average price of $214.46 and a two-hundred day moving average price of $205.54.

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