Wealth Alliance Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealth Alliance lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 97,923 shares of the company’s stock after acquiring an additional 2,097 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 2.1% of Wealth Alliance’s holdings, making the stock its 6th largest position. Wealth Alliance’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,438,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Alpha Financial Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 903.5% during the third quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after purchasing an additional 34,820 shares during the last quarter. Creative Planning grew its stake in iShares MSCI USA Quality Factor ETF by 1.6% in the 3rd quarter. Creative Planning now owns 65,886 shares of the company’s stock valued at $11,813,000 after buying an additional 1,041 shares during the last quarter. Vicus Capital acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $206,000. Signaturefd LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after acquiring an additional 227 shares during the period. Finally, Tempus Wealth Planning LLC lifted its position in iShares MSCI USA Quality Factor ETF by 30.6% during the 3rd quarter. Tempus Wealth Planning LLC now owns 6,470 shares of the company’s stock worth $1,160,000 after acquiring an additional 1,516 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $186.15 on Thursday. The stock’s 50-day moving average is $181.79 and its 200-day moving average is $179.74. The company has a market cap of $49.12 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

About iShares MSCI USA Quality Factor ETF

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.