ShoreHaven Wealth Partners LLC Increases Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ShoreHaven Wealth Partners LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 44.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,818 shares of the company’s stock after purchasing an additional 9,729 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.8% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 11th largest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Pasadena Private Wealth LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.8% in the fourth quarter. Pasadena Private Wealth LLC now owns 4,443 shares of the company’s stock valued at $654,000 after buying an additional 77 shares during the period. Annandale Capital LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.3% during the third quarter. Annandale Capital LLC now owns 26,866 shares of the company’s stock valued at $3,541,000 after purchasing an additional 78 shares during the last quarter. Smart Money Group LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Smart Money Group LLC now owns 13,934 shares of the company’s stock valued at $2,050,000 after purchasing an additional 83 shares during the last quarter. Keystone Wealth Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Keystone Wealth Services LLC now owns 28,894 shares of the company’s stock worth $4,251,000 after purchasing an additional 92 shares during the period. Finally, Ferguson Wellman Capital Management Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.3% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 3,036 shares of the company’s stock worth $447,000 after purchasing an additional 97 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock remained flat at $161.86 during trading on Wednesday. 852,549 shares of the company were exchanged. The stock has a 50-day moving average price of $161.00 and a 200-day moving average price of $151.10. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company has a market capitalization of $42.71 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.