Tyche Wealth Partners LLC Has $3.93 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Tyche Wealth Partners LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 43.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,195 shares of the company’s stock after buying an additional 6,095 shares during the period. Tyche Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,928,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $29,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $33,000. First Horizon Corp acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $36,000. Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $39,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at about $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 14.6%

Shares of BATS:QUAL opened at $202.40 on Friday. The firm has a market cap of $58.69 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company’s 50-day moving average price is $200.47 and its two-hundred day moving average price is $194.23.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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