Gambit Capital Management LLC Makes New $4.88 Million Investment in iShares MSCI USA Quality Factor ETF $QUAL

Gambit Capital Management LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, Holdings Channel.com reports. The fund bought 24,592 shares of the company’s stock, valued at approximately $4,884,000. iShares MSCI USA Quality Factor ETF accounts for about 3.5% of Gambit Capital Management LLC’s portfolio, making the stock its 6th largest holding.

Other institutional investors have also modified their holdings of the company. Dynasty Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 18.3% in the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock valued at $113,218,000 after buying an additional 90,195 shares during the period. Cabot Wealth Management Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 8.7% during the third quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after acquiring an additional 3,369 shares during the period. Cassilly Financial Group LLC bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $1,348,000. MB Generational Wealth LLC bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $16,103,000. Finally, Coldstream Capital Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 132.4% in the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after acquiring an additional 595,017 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.2%

BATS:QUAL opened at $210.92 on Tuesday. The stock has a 50 day moving average of $200.98 and a 200-day moving average of $200.30. The firm has a market capitalization of $61.16 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $173.00 and a 52 week high of $212.78.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.