Guided Capital Wealth Management LLC Has $10.26 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Guided Capital Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 60,055 shares of the company’s stock after purchasing an additional 1,405 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 8.6% of Guided Capital Wealth Management LLC’s holdings, making the stock its 2nd largest position. Guided Capital Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,263,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position 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. Caisse DE Depot ET Placement DU Quebec purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $349,393,000. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $331,412,000. JPMorgan Chase & Co. increased its position 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 period. Finally, Orgel Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 46.9% during the 1st quarter. Orgel Wealth Management LLC now owns 1,883,917 shares of the company’s stock valued at $321,943,000 after purchasing an additional 601,089 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $176.54 on Thursday. The company has a market capitalization of $50.96 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. The company’s 50-day simple moving average is $172.87 and its two-hundred day simple moving average is $176.48. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26.

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.