iShares MSCI USA Quality Factor ETF $QUAL Shares Newly Acquired by Leicht Financial Planning & Wealth Management Inc.

Leicht Financial Planning & Wealth Management Inc. bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 39,179 shares of the company’s stock, valued at approximately $8,707,000. iShares MSCI USA Quality Factor ETF makes up approximately 3.6% of Leicht Financial Planning & Wealth Management Inc.’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in QUAL. Tennessee Valley Asset Management Partners increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 56,805 shares of the company’s stock worth $12,624,000 after acquiring an additional 259 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 18.3% during the 3rd quarter. Parallel Advisors LLC now owns 173,301 shares of the company’s stock worth $38,514,000 after acquiring an additional 26,799 shares during the period. United Advisor Group LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.2% during the 3rd quarter. United Advisor Group LLC now owns 4,186 shares of the company’s stock worth $930,000 after acquiring an additional 318 shares during the period. Carmel Capital Partners LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $241,000. Finally, Asset One Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $336,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

Shares of QUAL stock opened at $54.83 on Friday. The company’s 50-day moving average price is $55.77 and its 200-day moving average price is $53.26. The stock has a market cap of $15.90 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $46.47 and a twelve month high of $57.03.

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