Forthright Family Wealth Advisory LLC Acquires Shares of 58,351 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Forthright Family Wealth Advisory LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 58,351 shares of the company’s stock, valued at approximately $8,586,000. iShares MSCI USA Quality Factor ETF makes up about 6.7% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 2nd largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pathstone Family Office LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $569,000. Blair William & Co. IL boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.5% in the third quarter. Blair William & Co. IL now owns 12,115 shares of the company’s stock valued at $1,597,000 after purchasing an additional 517 shares during the period. Citigroup Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 43.5% during the 3rd quarter. Citigroup Inc. now owns 8,325 shares of the company’s stock valued at $1,097,000 after acquiring an additional 2,522 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its stake in iShares MSCI USA Quality Factor ETF by 76.4% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 88,591 shares of the company’s stock valued at $11,675,000 after acquiring an additional 38,373 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 41.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 241,489 shares of the company’s stock valued at $31,826,000 after acquiring an additional 70,440 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

Shares of BATS:QUAL traded up $0.27 on Friday, reaching $171.13. 976,529 shares of the company’s stock were exchanged. The firm has a market capitalization of $45.16 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The business’s 50-day moving average is $163.01 and its two-hundred day moving average is $156.92.

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.