Channel Wealth LLC Makes New $348,000 Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Channel Wealth LLC bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,956 shares of the company’s stock, valued at approximately $348,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Halpern Financial Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 1.6 %

Shares of BATS QUAL opened at $179.50 on Friday. The stock has a fifty day simple moving average of $181.86 and a two-hundred day simple moving average of $177.67. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm has a market cap of $47.37 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.