Forteris Wealth Management Inc. Acquires Shares of 24,708 iShares MSCI USA Quality Factor ETF $QUAL

Forteris Wealth Management Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,708 shares of the company’s stock, valued at approximately $4,908,000. iShares MSCI USA Quality Factor ETF accounts for 4.8% of Forteris Wealth Management Inc.’s investment portfolio, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. MML Investors Services LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after buying an additional 44,285 shares during the period. Orgel Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after buying an additional 44,952 shares during the period. Blue Trust Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after buying an additional 76,969 shares during the period. Facet Wealth Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the third quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock worth $511,279,000 after buying an additional 125,483 shares during the period. Finally, Focus Partners Wealth raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% in the third quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock worth $417,413,000 after buying an additional 43,309 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $204.32 on Friday. The business’s 50 day moving average price is $198.92 and its 200-day moving average price is $198.40. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $156.13 and a fifty-two week high of $205.65. The company has a market cap of $59.24 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.