Gateway Wealth Partners LLC Increases Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Gateway Wealth Partners LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 217.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 54,766 shares of the company’s stock after acquiring an additional 37,523 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,505,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of QUAL. Cassilly Financial Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $1,348,000. Liberty Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the fourth quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock valued at $31,622,000 after acquiring an additional 3,188 shares in the last quarter. J.M. Arbour LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $1,681,000. Strategic Point Investment Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the fourth quarter. Strategic Point Investment Advisors LLC now owns 107,177 shares of the company’s stock worth $21,287,000 after acquiring an additional 2,738 shares during the last quarter. Finally, Sound Financial Strategies Group LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 254.3% during the fourth quarter. Sound Financial Strategies Group LLC now owns 19,877 shares of the company’s stock worth $3,948,000 after acquiring an additional 14,267 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $216.81 on Monday. The stock has a market cap of $62.86 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $181.65 and a one year high of $221.16. The business’s 50-day simple moving average is $216.10 and its 200 day simple moving average is $206.85.

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.