Derbend Asset Management Takes $4.15 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Derbend Asset Management purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 31,466 shares of the company’s stock, valued at approximately $4,147,000. iShares MSCI USA Quality Factor ETF accounts for approximately 2.8% of Derbend Asset Management’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors have also recently bought and sold shares of QUAL. Bank of Montreal Can lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 16.3% during the 1st quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock worth $2,064,000 after buying an additional 2,119 shares during the last quarter. Blair William & Co. IL raised its holdings in iShares MSCI USA Quality Factor ETF by 143.9% in the 1st quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock valued at $1,458,000 after acquiring an additional 6,389 shares during the period. Mather Group LLC. acquired a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $397,000. Prudential Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.4% during the first quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock worth $6,634,000 after acquiring an additional 3,812 shares during the period. Finally, AJ Wealth Strategies LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the first quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock valued at $62,686,000 after purchasing an additional 18,557 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL traded up $0.28 during mid-day trading on Thursday, hitting $147.64. 1,057,356 shares of the stock were exchanged. The firm’s 50-day simple moving average is $139.48 and its 200 day simple moving average is $136.94. The stock has a market capitalization of $33.39 billion, a price-to-earnings ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

About iShares MSCI USA Quality Factor ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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