Sculati Wealth Management LLC Has $8.91 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Sculati Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,861 shares of the company’s stock after acquiring an additional 3,394 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 3.1% of Sculati Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Sculati Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,910,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of QUAL. Brighton Jones LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after acquiring an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $81,990,000. Bison Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares during the period. AQR Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after acquiring an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after acquiring an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.9%

BATS:QUAL opened at $210.45 on Friday. The business’s 50-day moving average price is $200.79 and its 200 day moving average price is $200.21. The firm has a market cap of $61.02 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $173.00 and a 52-week high of $212.78.

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