Marcum Wealth LLC Buys 145 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Marcum Wealth LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,103 shares of the company’s stock after buying an additional 145 shares during the period. Marcum Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $530,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of QUAL. LPL Financial LLC boosted its holdings in shares of 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 buying an additional 2,141,996 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $349,393,000. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $331,412,000. JPMorgan Chase & Co. boosted its holdings in shares of 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 buying an additional 837,887 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% during 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 buying an additional 596,515 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

Shares of QUAL stock opened at $176.88 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The stock has a market cap of $50.68 billion, a PE ratio of 25.81 and a beta of 1.06. The company’s fifty day moving average price is $169.07 and its 200-day moving average price is $176.89.

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.