Spire Wealth Management Purchases 1,978 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Spire Wealth Management boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,639 shares of the company’s stock after acquiring an additional 1,978 shares during the period. Spire Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,867,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. FMR LLC grew its stake in shares of 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 purchasing an additional 1,160,410 shares during the period. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the period. M&T Bank Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd 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. MML Investors Services LLC grew its position in iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after acquiring an additional 170,321 shares during the last quarter. Finally, Cerity Partners LLC grew its position in iShares MSCI USA Quality Factor ETF by 7.2% during the 3rd quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after acquiring an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $183.34 on Friday. The firm has a market cap of $48.38 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock’s 50 day simple moving average is $182.04 and its 200 day simple moving average is $178.45.

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.