iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Raised by Family Asset Management LLC

Family Asset Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 54,623 shares of the company’s stock after purchasing an additional 4,482 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 6.0% of Family Asset Management LLC’s holdings, making the stock its 3rd biggest position. Family Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,327,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Spire Wealth Management boosted its stake in iShares MSCI USA Quality Factor ETF by 4.7% during the 4th quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock worth $14,110,000 after purchasing an additional 4,236 shares during the last quarter. Wade Financial Advisory Inc grew its position in iShares MSCI USA Quality Factor ETF by 5.4% in the 4th quarter. Wade Financial Advisory Inc now owns 102,026 shares of the company’s stock valued at $15,012,000 after acquiring an additional 5,258 shares in the last quarter. Theory Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.3% in the fourth quarter. Theory Financial LLC now owns 34,479 shares of the company’s stock worth $5,073,000 after acquiring an additional 2,343 shares in the last quarter. American Trust purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $21,979,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 10.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,816,195 shares of the company’s stock valued at $414,375,000 after acquiring an additional 258,104 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $177.78 on Monday. The stock’s fifty day moving average is $172.08 and its two-hundred day moving average is $166.19. The stock has a market cap of $46.92 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.