Nwam LLC Increases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Nwam LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,306 shares of the company’s stock after acquiring an additional 5,119 shares during the period. Nwam LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,150,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in QUAL. FMR LLC lifted its position in shares of 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 buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC raised its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd 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. Strategic Financial Concepts LLC raised its stake in iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after purchasing an additional 519,868 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000. Finally, Blue Trust Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 10.5% in the 4th quarter. Blue Trust Inc. now owns 2,200,958 shares of the company’s stock valued at $391,946,000 after purchasing an additional 209,386 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $181.44 on Thursday. The business has a fifty day moving average price of $181.70 and a 200 day moving average price of $180.35. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company has a market cap of $50.38 billion, a P/E ratio of 28.36 and a beta of 1.04.

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.