Robinson Smith Wealth Advisors LLC Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Robinson Smith Wealth Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,073 shares of the company’s stock after acquiring an additional 171 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 3.0% of Robinson Smith Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. Robinson Smith Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,575,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in QUAL. Raymond James Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $331,412,000. FMR LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after buying an additional 1,160,410 shares during the period. LPL Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. Strategic Financial Concepts LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 18,801.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after buying an additional 519,868 shares during the period. Finally, Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $81,990,000.

iShares MSCI USA Quality Factor ETF Trading Down 2.8 %

BATS:QUAL opened at $171.70 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26. The business’s 50-day moving average price is $180.67 and its two-hundred day moving average price is $180.40. The firm has a market capitalization of $48.74 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04.

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.