NewEdge Wealth LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 99.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 136,107 shares of the company’s stock after acquiring an additional 67,797 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $27,034,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Brandywine Oak Private Wealth LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.1% during the 4th quarter. Brandywine Oak Private Wealth LLC now owns 7,222 shares of the company’s stock worth $1,434,000 after buying an additional 80 shares during the period. Financial Partners Group Inc lifted its position in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the 4th quarter. Financial Partners Group Inc now owns 104,050 shares of the company’s stock valued at $21,062,000 after acquiring an additional 7,572 shares during the period. Manning & Napier Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 77.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 9,978 shares of the company’s stock worth $1,997,000 after acquiring an additional 4,357 shares in the last quarter. Pearl Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $1,203,000. Finally, Indie Asset Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 11.2% in the fourth quarter. Indie Asset Partners LLC now owns 3,592 shares of the company’s stock worth $713,000 after purchasing an additional 362 shares during the period.
iShares MSCI USA Quality Factor ETF Trading Up 0.5%
QUAL opened at $210.43 on Friday. The company has a fifty day moving average price of $199.99 and a two-hundred day moving average price of $199.61. iShares MSCI USA Quality Factor ETF has a 1-year low of $170.64 and a 1-year high of $211.02. The company has a market cap of $61.01 billion, a P/E ratio of 25.59 and a beta of 1.05.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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