iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Position Boosted by Signify Wealth

Signify Wealth lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,859 shares of the company’s stock after acquiring an additional 1,684 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 4.8% of Signify Wealth’s holdings, making the stock its 10th biggest holding. Signify Wealth’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,249,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of QUAL. FMR LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC increased its holdings in 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 buying an additional 950,857 shares during the period. 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 valued at $93,070,000 after buying an additional 519,868 shares during the period. Heck Capital Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $81,990,000. Finally, Dynasty Wealth Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 132.3% during the fourth quarter. Dynasty Wealth Management LLC now owns 523,946 shares of the company’s stock valued at $93,304,000 after buying an additional 298,402 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.3 %

Shares of QUAL stock opened at $178.96 on Tuesday. The firm has a market cap of $49.70 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. The company’s 50 day moving average is $181.79 and its 200 day moving average is $180.59. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.