GAMMA Investing LLC Buys 447 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

GAMMA Investing LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 38.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,612 shares of the company’s stock after purchasing an additional 447 shares during the period. GAMMA Investing LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $275,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of QUAL. MCF Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at about $37,000. City State Bank increased its position in iShares MSCI USA Quality Factor ETF by 123.7% during the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after buying an additional 141 shares during the last quarter. Headlands Technologies LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $48,000. Delta Asset Management LLC TN acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $51,000. Finally, Pineridge Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $51,000.

iShares MSCI USA Quality Factor ETF Trading Down 2.8 %

QUAL stock traded down $4.77 during trading hours on Monday, hitting $162.75. 1,538,198 shares of the stock were exchanged. The firm has a market capitalization of $42.95 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company has a 50-day simple moving average of $170.62 and a two-hundred day simple moving average of $163.48.

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.