Moss Adams Wealth Advisors LLC Reduces Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Moss Adams Wealth Advisors LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,687 shares of the company’s stock after selling 67 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC lifted its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $108,645,000. Finally, Orgel Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 71.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after buying an additional 515,998 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.3 %

Shares of QUAL opened at $180.68 on Friday. The company has a market capitalization of $47.68 billion, a price-to-earnings 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. The stock’s 50-day moving average price is $181.78 and its 200-day moving average price is $177.78.

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.