Ashton Thomas Private Wealth LLC Acquires 60,418 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Ashton Thomas Private Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 82.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 133,668 shares of the company’s stock after acquiring an additional 60,418 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 0.7% of Ashton Thomas Private Wealth LLC’s investment portfolio, making the stock its 27th largest holding. Ashton Thomas Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,998,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Keener Financial Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $29,000. CoreFirst Bank & Trust bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $33,000. First Horizon Corp bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $36,000. Phillips Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $39,000. Finally, Legacy Investment Solutions LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $201.36 on Wednesday. The company has a market capitalization of $58.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s 50-day moving average price is $200.78 and its two-hundred day moving average price is $194.65. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26.

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.