Sagespring Wealth Partners LLC Has $109.78 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Sagespring Wealth Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 564,406 shares of the company’s stock after purchasing an additional 171,368 shares during the period. iShares MSCI USA Quality Factor ETF makes up 0.9% of Sagespring Wealth Partners LLC’s portfolio, making the stock its 17th biggest position. Sagespring Wealth Partners LLC owned about 0.19% of iShares MSCI USA Quality Factor ETF worth $109,777,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Almanack Investment Partners LLC. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after purchasing an additional 52 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its position in iShares MSCI USA Quality Factor ETF by 2.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after buying an additional 54 shares in the last quarter. Cape Investment Advisory Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after buying an additional 57 shares during the period. Atlas Brown Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after acquiring an additional 57 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 4.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after acquiring an additional 58 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 14.8%

Shares of BATS:QUAL opened at $202.71 on Friday. The firm has a market cap of $58.78 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The business has a fifty day simple moving average of $199.21 and a 200 day simple moving average of $193.62.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.