iShares MSCI USA Quality Factor ETF (BATS:QUAL) is 1900 Wealth Management LLC’s 6th Largest Position

1900 Wealth Management LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 191,846 shares of the company’s stock after selling 2,188 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 2.9% of 1900 Wealth Management LLC’s holdings, making the stock its 6th biggest holding. 1900 Wealth Management LLC owned 0.07% of iShares MSCI USA Quality Factor ETF worth $34,164,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. AQR Capital Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock valued at $444,000 after buying an additional 189 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after acquiring an additional 58 shares in the last quarter. Alpha Financial Partners LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 903.5% in the third quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock worth $6,934,000 after acquiring an additional 34,820 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $65,000. Finally, Kelly Financial Services LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.3% in the 3rd quarter. Kelly Financial Services LLC now owns 107,438 shares of the company’s stock valued at $19,264,000 after purchasing an additional 1,350 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $184.36 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock’s fifty day moving average is $181.98 and its two-hundred day moving average is $178.69. The firm has a market capitalization of $48.65 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.