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

Orgel Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 71.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,236,792 shares of the company’s stock after acquiring an additional 515,998 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 5.6% of Orgel Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Orgel Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $221,757,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in QUAL. Provident Investment Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 5.8% during the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock valued at $1,903,000 after acquiring an additional 614 shares in the last quarter. Brookstone Capital Management increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 13.3% in the first quarter. Brookstone Capital Management now owns 133,416 shares of the company’s stock worth $21,927,000 after purchasing an additional 15,705 shares during the period. Annandale Capital LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after buying an additional 363 shares in the last quarter. Calamos Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 26.8% during the second quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after buying an additional 365 shares during the period. Finally, Advocacy Wealth Management Services LLC grew its position in iShares MSCI USA Quality Factor ETF by 145.2% during the first quarter. Advocacy Wealth Management Services LLC now owns 303,971 shares of the company’s stock worth $49,958,000 after buying an additional 179,982 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.5 %

Shares of BATS QUAL opened at $182.44 on Friday. The stock’s 50-day simple moving average is $177.09 and its two-hundred day simple moving average is $170.09. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a market capitalization of $48.15 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.