Western Wealth Management LLC Has $6.79 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Western Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,177 shares of the company’s stock after purchasing an additional 11,972 shares during the period. Western Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,794,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Baystate Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.2% during the 4th quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock worth $24,914,000 after purchasing an additional 1,997 shares during the last quarter. Day & Ennis LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.2% in the 4th quarter. Day & Ennis LLC now owns 75,901 shares of the company’s stock valued at $11,168,000 after acquiring an additional 898 shares in the last quarter. MA Private Wealth raised its holdings in iShares MSCI USA Quality Factor ETF by 50.6% in the 4th quarter. MA Private Wealth now owns 272,596 shares of the company’s stock valued at $40,110,000 after acquiring an additional 91,571 shares in the last quarter. US Bancorp DE raised its holdings in iShares MSCI USA Quality Factor ETF by 22.9% in the 3rd quarter. US Bancorp DE now owns 480,752 shares of the company’s stock valued at $63,358,000 after acquiring an additional 89,648 shares in the last quarter. Finally, TruWealth Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $2,157,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.2 %

BATS QUAL traded down $0.29 during midday trading on Thursday, hitting $156.92. The company had a trading volume of 1,849,217 shares. The company has a market capitalization of $41.06 billion, a PE ratio of 23.32 and a beta of 1.04. The firm has a 50-day moving average price of $160.97 and a 200-day moving average price of $148.60. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.