iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Tradition Wealth Management LLC

Tradition Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 114,600 shares of the company’s stock after purchasing an additional 5,021 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 1.8% of Tradition Wealth Management LLC’s portfolio, making the stock its 8th largest position. Tradition Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $20,408,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Transce3nd LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $1,317,000. MML Investors Services LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.3% during the fourth quarter. MML Investors Services LLC now owns 3,067,190 shares of the company’s stock worth $546,205,000 after acquiring an additional 207,543 shares in the last quarter. BOS Asset Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. BOS Asset Management LLC now owns 36,916 shares of the company’s stock worth $6,574,000 after acquiring an additional 1,031 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.9% during the fourth quarter. First Trust Advisors LP now owns 41,099 shares of the company’s stock worth $7,319,000 after acquiring an additional 1,529 shares during the period. Finally, Freedom Investment Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 29.9% in the 4th quarter. Freedom Investment Management Inc. now owns 24,107 shares of the company’s stock valued at $4,293,000 after acquiring an additional 5,543 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $161.38 on Friday. The business has a 50-day moving average of $172.42 and a 200-day moving average of $178.46. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The stock has a market capitalization of $45.73 billion, a P/E ratio of 26.25 and a beta of 1.05.

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.