Marshall & Sterling Wealth Advisors Inc. Invests $1.80 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 10,123 shares of the company’s stock, valued at approximately $1,803,000. iShares MSCI USA Quality Factor ETF comprises 1.2% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 20th largest position.

A number of other hedge funds also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after purchasing an additional 2,141,996 shares during the period. Raymond James Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $331,412,000. JPMorgan Chase & Co. raised its stake in iShares MSCI USA Quality Factor ETF by 14.6% during the 4th quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after purchasing an additional 837,887 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock valued at $5,189,563,000 after purchasing an additional 596,515 shares during the period. Finally, Strategic Financial Concepts LLC grew its position in iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th 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 last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $167.88 on Friday. The firm’s 50-day moving average is $170.28 and its 200-day moving average is $177.96. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The company has a market cap of $47.67 billion, a price-to-earnings ratio of 25.45 and a beta of 1.05.

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.