Objective Capital Management LLC Invests $223,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Objective Capital Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, HoldingsChannel reports. The institutional investor bought 1,244 shares of the company’s stock, valued at approximately $223,000.

A number of other large investors have also recently bought and sold shares of QUAL. BNP Paribas Financial Markets boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 389.4% during the 1st quarter. BNP Paribas Financial Markets now owns 788 shares of the company’s stock worth $130,000 after purchasing an additional 627 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $269,000. Fiduciary Family Office LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $257,000. NorthRock Partners LLC boosted its position in iShares MSCI USA Quality Factor ETF by 3.3% during the first quarter. NorthRock Partners LLC now owns 3,839 shares of the company’s stock worth $631,000 after acquiring an additional 121 shares during the last quarter. Finally, Verus Capital Partners LLC grew its stake in iShares MSCI USA Quality Factor ETF by 13.2% in the 1st quarter. Verus Capital Partners LLC now owns 26,834 shares of the company’s stock worth $4,410,000 after acquiring an additional 3,134 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $184.42 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company has a market capitalization of $48.67 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a fifty day moving average of $178.59 and a two-hundred day moving average of $172.31.

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.