49 Wealth Management LLC Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

49 Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 209,921 shares of the company’s stock after purchasing an additional 14,542 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 3.9% of 49 Wealth Management LLC’s portfolio, making the stock its 9th largest position. 49 Wealth Management LLC owned approximately 0.07% of iShares MSCI USA Quality Factor ETF worth $40,830,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Almanack Investment Partners LLC. increased its position in iShares MSCI USA Quality Factor ETF by 0.4% during the 3rd quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock valued at $2,541,000 after buying an additional 52 shares in the last quarter. Cape Investment Advisory Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock worth $460,000 after acquiring an additional 57 shares during the last quarter. Atlas Brown Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the third quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after acquiring an additional 57 shares in the last quarter. NorthCrest Asset Manangement LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.4% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after purchasing an additional 58 shares during the last quarter. Finally, GFG Capital LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after purchasing an additional 59 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $204.86 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65. The company’s 50-day moving average is $202.38 and its 200 day moving average is $196.82. The company has a market capitalization of $59.40 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.