Weaver Consulting Group reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 0.7% in the 4th quarter, HoldingsChannel reports. The firm owned 110,470 shares of the company’s stock after selling 778 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 6.1% of Weaver Consulting Group’s portfolio, making the stock its 3rd largest position. Weaver Consulting Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,673,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after buying an additional 999,735 shares during the period. FMR LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares during the last quarter. Finally, M&T Bank Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after purchasing an additional 28,147 shares during the period.
iShares MSCI USA Quality Factor ETF Trading Down 0.8 %
iShares MSCI USA Quality Factor ETF stock opened at $178.64 on Wednesday. The stock has a fifty day moving average price of $182.05 and a 200 day moving average price of $177.38. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a market capitalization of $47.14 billion, a P/E ratio of 23.03 and a beta of 1.03.
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.
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