Physician Wealth Advisors Inc. Has $21.50 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Physician Wealth Advisors Inc. increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 120,756 shares of the company’s stock after purchasing an additional 2,435 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.6% of Physician Wealth Advisors Inc.’s holdings, making the stock its 4th biggest holding. Physician Wealth Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,504,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Citigroup Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 67.0% during the third quarter. Citigroup Inc. now owns 48,355 shares of the company’s stock worth $8,670,000 after purchasing an additional 19,407 shares during the last quarter. Bank of Montreal Can lifted its position in shares of iShares MSCI USA Quality Factor ETF by 20.5% during the 3rd quarter. Bank of Montreal Can now owns 24,777 shares of the company’s stock worth $4,427,000 after buying an additional 4,215 shares during the last quarter. Financial Counselors Inc. grew its position in iShares MSCI USA Quality Factor ETF by 17.3% in the third quarter. Financial Counselors Inc. now owns 3,612 shares of the company’s stock valued at $648,000 after acquiring an additional 534 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $2,367,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the third quarter. Rockefeller Capital Management L.P. now owns 179,975 shares of the company’s stock worth $32,228,000 after acquiring an additional 1,101 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 4.0 %

QUAL opened at $169.57 on Friday. The company has a market cap of $48.13 billion, a P/E ratio of 26.45 and a beta of 1.04. The company’s 50 day moving average is $179.47 and its 200-day moving average is $180.27. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26.

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.