Watershed Private Wealth LLC Has $13.38 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Watershed Private Wealth LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,322 shares of the company’s stock after purchasing an additional 12,291 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 5.4% of Watershed Private Wealth LLC’s portfolio, making the stock its 4th largest position. Watershed Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,384,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake 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. LPL Financial LLC grew its position in iShares MSCI USA Quality Factor ETF by 14.5% during the fourth 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 during the period. FMR LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.8% during the fourth quarter. FMR LLC now owns 16,141,300 shares of the company’s stock worth $2,874,443,000 after buying an additional 292,539 shares during the last quarter. Bank of America Corp DE raised its position in iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock worth $1,374,962,000 after acquiring an additional 113,633 shares during the period. Finally, JPMorgan Chase & Co. raised its position in iShares MSCI USA Quality Factor ETF by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after acquiring an additional 837,887 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.3%

QUAL opened at $179.00 on Wednesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company’s 50-day moving average price is $169.33 and its two-hundred day moving average price is $176.72. The stock has a market cap of $51.67 billion, a price-to-earnings ratio of 25.81 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.