Western Wealth Management LLC Boosts Stake in iShares MSCI USA Quality Factor ETF $QUAL

Western Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 65.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,229 shares of the company’s stock after purchasing an additional 16,755 shares during the quarter. Western Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of QUAL. Bank of America Corp DE lifted its stake in iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. Two Sigma Investments LP boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock valued at $375,735,000 after acquiring an additional 964,500 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after acquiring an additional 887,478 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 79.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock valued at $350,450,000 after purchasing an additional 778,465 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.4%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $218.92 on Friday. The company has a market cap of $63.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50 day moving average is $216.60 and its 200 day moving average is $207.26. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.65 and a twelve month high of $221.16.

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