26,634 Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Bought by Ridgeline Wealth LLC

Ridgeline Wealth LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,634 shares of the company’s stock, valued at approximately $4,743,000. iShares MSCI USA Quality Factor ETF comprises about 3.9% of Ridgeline Wealth LLC’s portfolio, making the stock its 7th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after purchasing an additional 999,735 shares during the period. LPL Financial LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares during the period. Finally, Liberty Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.0 %

QUAL traded up $1.69 on Monday, hitting $179.30. 760,734 shares of the company’s stock were exchanged. The stock has a fifty day moving average of $182.07 and a two-hundred day moving average of $177.34. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a market cap of $47.32 billion, a PE ratio of 23.03 and a beta of 1.03.

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.