Whalen Wealth Management Inc. Buys New Position in iShares MSCI USA Quality Factor ETF $QUAL

Whalen Wealth Management Inc. purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,580 shares of the company’s stock, valued at approximately $1,018,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares in the last quarter. Orgel Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after purchasing an additional 65,534 shares in the last quarter. Facet Wealth Inc. raised its position in iShares MSCI USA Quality Factor ETF by 11.3% during the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after purchasing an additional 334,234 shares in the last quarter. Focus Partners Wealth lifted its stake in iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after purchasing an additional 240,881 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in iShares MSCI USA Quality Factor ETF by 2.9% during the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock worth $340,861,000 after purchasing an additional 49,616 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.1%

Shares of QUAL traded down $0.25 during midday trading on Thursday, reaching $225.65. The stock had a trading volume of 493,914 shares, compared to its average volume of 1,587,985. The company’s 50-day moving average is $222.88 and its 200 day moving average is $214.55. iShares MSCI USA Quality Factor ETF has a 12-month low of $185.88 and a 12-month high of $227.32. The company has a market capitalization of $65.43 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF’s stock is going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be issued to shareholders after the market closes on Wednesday, November 4th.

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.