Leo Wealth LLC Takes $347,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Leo Wealth LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,233 shares of the company’s stock, valued at approximately $347,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Citigroup Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 43.5% in the 3rd quarter. Citigroup Inc. now owns 8,325 shares of the company’s stock worth $1,097,000 after purchasing an additional 2,522 shares in the last quarter. Prudential PLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 12.1% during the third quarter. Prudential PLC now owns 5,366 shares of the company’s stock worth $707,000 after buying an additional 579 shares in the last quarter. Rathbones Group PLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at $405,000. Cary Street Partners Investment Advisory LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 96.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,269 shares of the company’s stock valued at $167,000 after buying an additional 622 shares in the last quarter. Finally, Asset Dedication LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 7.7% in the third quarter. Asset Dedication LLC now owns 2,942 shares of the company’s stock worth $388,000 after acquiring an additional 211 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.8 %

Shares of QUAL stock traded up $1.36 during mid-day trading on Monday, hitting $172.49. 813,672 shares of the stock were exchanged. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market cap of $45.52 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a fifty day moving average of $163.01 and a 200 day moving average of $157.03.

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.