Summa Corp. Makes New Investment in iShares MSCI USA Quality Factor ETF $QUAL

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

Several other institutional investors have also modified their holdings of QUAL. Coldstream Capital Management Inc. grew its position 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 buying an additional 595,017 shares in the last quarter. Cassilly Financial Group LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $1,348,000. Aspen Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 2.6% in the fourth quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock worth $45,461,000 after acquiring an additional 5,878 shares during the last quarter. Keel Point LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 37.0% during the 3rd quarter. Keel Point LLC now owns 13,818 shares of the company’s stock worth $2,688,000 after acquiring an additional 3,732 shares in the last quarter. Finally, Liberty Wealth Management LLC grew its holdings 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 acquiring an additional 3,188 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL traded up $1.19 during trading hours on Friday, reaching $219.69. The stock had a trading volume of 1,370,117 shares, compared to its average volume of 1,894,405. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.55 and a 1 year high of $220.24. The firm’s 50 day moving average is $214.46 and its 200-day moving average is $205.54. The stock has a market capitalization of $63.70 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.