Flywheel Private Wealth LLC Makes New $2.52 Million Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Flywheel Private Wealth LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 14,140 shares of the company’s stock, valued at approximately $2,518,000. iShares MSCI USA Quality Factor ETF comprises approximately 2.3% of Flywheel Private Wealth LLC’s holdings, making the stock its 13th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in QUAL. FMR LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. M&T Bank Corp lifted its position in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after purchasing an additional 28,147 shares during the period. Finally, MML Investors Services LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after purchasing an additional 170,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.6 %

Shares of QUAL opened at $179.45 on Thursday. The firm has a fifty day simple moving average of $181.95 and a two-hundred day simple moving average of $177.66. The firm has a market cap of $47.36 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.