Wealth Enhancement Advisory Services LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 326,151 shares of the company’s stock after purchasing an additional 3,043 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.12% of iShares MSCI USA Quality Factor ETF worth $53,603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bedel Financial Consulting Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock worth $3,009,000 after buying an additional 65 shares during the last quarter. Integrated Advisors Network LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 0.9% during the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock worth $1,110,000 after buying an additional 66 shares during the last quarter. NBC Securities Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 27.2% during the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after buying an additional 66 shares during the last quarter. Carolinas Wealth Consulting LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock worth $349,000 after buying an additional 67 shares during the last quarter. Finally, JNBA Financial Advisors increased its holdings in iShares MSCI USA Quality Factor ETF by 14.0% during the fourth quarter. JNBA Financial Advisors now owns 563 shares of the company’s stock worth $83,000 after buying an additional 69 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $171.76 on Friday. The company has a market capitalization of $45.33 billion, a PE 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 company has a 50-day simple moving average of $165.24 and a 200 day simple moving average of $158.74.

iShares MSCI USA Quality Factor ETF 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.