TruWealth Advisors LLC Has $4.25 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TruWealth Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,855 shares of the company’s stock after acquiring an additional 1,027 shares during the quarter. TruWealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,248,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of QUAL. Renaissance Technologies LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $1,161,000. Edgestream Partners L.P. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $803,000. Blair William & Co. IL increased its position in shares of iShares MSCI USA Quality Factor ETF by 24.0% in the second quarter. Blair William & Co. IL now owns 16,988 shares of the company’s stock worth $2,901,000 after purchasing an additional 3,287 shares during the period. Hsbc Holdings PLC raised its stake in iShares MSCI USA Quality Factor ETF by 12.8% in the second quarter. Hsbc Holdings PLC now owns 102,754 shares of the company’s stock valued at $17,546,000 after purchasing an additional 11,671 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in iShares MSCI USA Quality Factor ETF by 7.6% during the second quarter. Thrivent Financial for Lutherans now owns 1,004,573 shares of the company’s stock worth $171,542,000 after purchasing an additional 70,980 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 2.3 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $180.68 on Friday. The firm’s 50-day moving average price is $181.78 and its two-hundred day moving average price is $177.78. The company has a market capitalization of $47.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.