iShares MSCI USA Quality Factor ETF $QUAL Position Boosted by Simplicity Wealth LLC

Simplicity Wealth LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,838 shares of the company’s stock after purchasing an additional 2,331 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,997,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of QUAL. WealthBridge Capital Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after acquiring an additional 50 shares during the last quarter. Empire Life Investments Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares in the last quarter. Tompkins Financial Corp raised its position in iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after buying an additional 52 shares during the period. Sunbelt Securities Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after buying an additional 52 shares during the period. Finally, First Command Advisory Services Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.5%

Shares of QUAL traded up $1.19 during midday trading on Friday, reaching $219.69. 1,370,117 shares of the stock were exchanged, compared to its average volume of 1,894,405. The company has a market cap of $63.70 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm has a 50 day simple moving average of $214.46 and a 200-day simple moving average of $205.54. iShares MSCI USA Quality Factor ETF has a 12-month low of $181.55 and a 12-month high of $220.24.

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