Traynor Capital Management Inc. Acquires New Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Traynor Capital Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,286 shares of the company’s stock, valued at approximately $231,000.

Several other large investors have also recently modified their holdings of the business. Patriot Financial Group Insurance Agency LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.8% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 29,196 shares of the company’s stock worth $5,235,000 after buying an additional 2,111 shares during the period. Barrett & Company Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of iShares MSCI USA Quality Factor ETF by 6.6% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,024 shares of the company’s stock worth $1,797,000 after acquiring an additional 618 shares in the last quarter. Gemmer Asset Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.0% in the third quarter. Gemmer Asset Management LLC now owns 2,389 shares of the company’s stock worth $428,000 after acquiring an additional 157 shares during the period. Finally, FSA Advisors Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $223,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $180.55 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The business’s fifty day moving average is $178.02 and its 200 day moving average is $170.98. The firm has a market cap of $47.65 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.