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

Apollon Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,541 shares of the company’s stock after buying an additional 4,812 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,701,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of QUAL. VisionPoint Advisory Group LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $25,000. NBC Securities Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $26,000. Signaturefd LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1,414.3% in the 3rd quarter. Signaturefd LLC now owns 212 shares of the company’s stock worth $28,000 after purchasing an additional 198 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $28,000. Finally, Thompson Investment Management Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $34,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.3 %

Shares of BATS QUAL traded up $0.52 during trading on Tuesday, reaching $161.86. The company had a trading volume of 1,449,606 shares. The business’s 50-day moving average is $160.96 and its 200 day moving average is $150.88. The stock has a market cap of $42.71 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.