Silver Oak Securities Incorporated Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Silver Oak Securities Incorporated increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 432.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 15,627 shares of the company’s stock after buying an additional 12,693 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,792,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Merkkuri Wealth Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 19.0% in the third quarter. Merkkuri Wealth Advisors LLC now owns 9,398 shares of the company’s stock valued at $1,685,000 after acquiring an additional 1,500 shares during the last quarter. Eagle Ridge Investment Management acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $1,126,000. Dakota Wealth Management raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 3rd quarter. Dakota Wealth Management now owns 19,215 shares of the company’s stock worth $3,445,000 after purchasing an additional 493 shares during the period. Global Trust Asset Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 54.7% in the 3rd quarter. Global Trust Asset Management LLC now owns 2,985 shares of the company’s stock valued at $535,000 after purchasing an additional 1,055 shares in the last quarter. Finally, Jackson Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 96.8% during the 3rd quarter. Jackson Wealth Management LLC now owns 10,561 shares of the company’s stock worth $1,894,000 after purchasing an additional 5,195 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.1 %

QUAL opened at $179.72 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a 50 day moving average of $177.84 and a two-hundred day moving average of $170.61. The company has a market cap of $47.43 billion, a P/E ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.