Wise Wealth Partners Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wise Wealth Partners bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,196 shares of the company’s stock, valued at approximately $2,884,000. iShares MSCI USA Quality Factor ETF comprises approximately 7.1% of Wise Wealth Partners’ holdings, making the stock its 3rd largest position.

A number of other institutional investors have also added to or reduced their stakes in QUAL. LPL Financial LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 14.5% during the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after buying an additional 2,141,996 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $331,412,000. JPMorgan Chase & Co. increased its holdings in iShares MSCI USA Quality Factor ETF by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after buying an additional 837,887 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 2.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock worth $5,189,563,000 after buying an additional 596,515 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 18,801.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock worth $93,070,000 after buying an additional 519,868 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 4.3 %

Shares of QUAL opened at $168.98 on Wednesday. The company has a market cap of $47.98 billion, a price-to-earnings ratio of 25.45 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company’s fifty day simple moving average is $169.58 and its 200 day simple moving average is $177.78.

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.