Lineweaver Wealth Advisors LLC Lowers Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Lineweaver Wealth Advisors LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 234,113 shares of the company’s stock after selling 5,544 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 7.7% of Lineweaver Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Lineweaver Wealth Advisors LLC owned 0.09% of iShares MSCI USA Quality Factor ETF worth $41,701,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of QUAL. FMR LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 6.9% during the third 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 last quarter. Strategic Financial Concepts LLC boosted its position in iShares MSCI USA Quality Factor ETF by 18,801.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock worth $93,070,000 after purchasing an additional 519,868 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $81,990,000. Finally, Blue Trust Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 10.5% in the fourth quarter. Blue Trust Inc. now owns 2,200,958 shares of the company’s stock valued at $391,946,000 after purchasing an additional 209,386 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 2.7 %

Shares of QUAL stock opened at $181.44 on Thursday. The firm’s 50 day moving average is $181.70 and its 200 day moving average is $180.35. The stock has a market capitalization of $50.38 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 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.