Wealth Quarterback LLC Increases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealth Quarterback LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 23.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 78,699 shares of the company’s stock after buying an additional 15,136 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 6.6% of Wealth Quarterback LLC’s investment portfolio, making the stock its 3rd biggest holding. Wealth Quarterback LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,015,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. FMR LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares in the last quarter. M&T Bank Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares in the last quarter. MML Investors Services LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after purchasing an additional 173,127 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 4.8 %

QUAL opened at $185.18 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a 50-day simple moving average of $181.79 and a 200 day simple moving average of $179.46. The stock has a market capitalization of $48.87 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.