Apollon Wealth Management LLC Has $4.23 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Apollon Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,565 shares of the company’s stock after purchasing an additional 2,645 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,225,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Halpern Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $26,000. Barrett & Company Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Centennial Bank AR bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $29,000. Finally, Unique Wealth Strategies LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $37,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.1 %

QUAL stock opened at $184.07 on Wednesday. The stock’s 50 day moving average is $178.73 and its 200-day moving average is $172.61. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a market capitalization of $48.58 billion, a PE ratio of 23.03 and a beta of 1.03.

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.