Frisch Financial Group Inc. Buys Shares of 12,467 iShares MSCI USA Quality Factor ETF $QUAL

Frisch Financial Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, Holdings Channel.com reports. The firm bought 12,467 shares of the company’s stock, valued at approximately $2,425,000.

Other hedge funds also recently made changes to their positions in the company. Avantra Family Wealth Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $1,493,000. Dynasty Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 18.3% during the third quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after buying an additional 90,195 shares in the last quarter. Walkner Condon Financial Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $213,000. Cabot Wealth Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 8.7% in the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock valued at $8,177,000 after acquiring an additional 3,369 shares during the last quarter. Finally, Insight Inv LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $1,016,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.2%

Shares of QUAL opened at $203.03 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.48. The business has a 50-day simple moving average of $201.68 and a two-hundred day simple moving average of $195.94. The stock has a market cap of $58.87 billion, a PE 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.