Apollon Wealth Management LLC Grows Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Apollon Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 747.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 199,753 shares of the company’s stock after purchasing an additional 176,188 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 0.8% of Apollon Wealth Management LLC’s holdings, making the stock its 21st largest position. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $35,572,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $25,000. Barrett & Company Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Finally, Centennial Bank AR acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.5 %

Shares of QUAL stock opened at $182.89 on Friday. The stock has a market cap of $48.26 billion, a P/E ratio of 23.03 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. The business has a fifty day simple moving average of $181.99 and a 200-day simple moving average of $178.73.

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.