Personal CFO Solutions LLC Purchases Shares of 2,842 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Personal CFO Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,842 shares of the company’s stock, valued at approximately $418,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $337,131,000. FMR LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after purchasing an additional 923,875 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares MSCI USA Quality Factor ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after purchasing an additional 897,256 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock worth $3,936,223,000 after purchasing an additional 744,380 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of iShares MSCI USA Quality Factor ETF by 108.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,056,047 shares of the company’s stock worth $155,387,000 after purchasing an additional 550,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

Shares of QUAL stock opened at $168.84 on Tuesday. The firm’s 50 day moving average is $162.35 and its 200-day moving average is $156.20. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The firm has a market capitalization of $44.56 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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