Private Client Services LLC Has $2.43 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Private Client Services LLC boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 22.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,643 shares of the company’s stock after buying an additional 2,501 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.3% of Private Client Services LLC’s holdings, making the stock its 20th biggest position. Private Client Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,430,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $572,000. One Wealth Capital Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $6,420,000. Ridgeline Wealth LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $4,743,000. Advance Capital Management Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 9.1% during the fourth quarter. Advance Capital Management Inc. now owns 2,169 shares of the company’s stock valued at $386,000 after buying an additional 181 shares during the last quarter. Finally, Dentgroup LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.8% in the fourth quarter. Dentgroup LLC now owns 7,126 shares of the company’s stock valued at $1,269,000 after buying an additional 324 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.8 %

QUAL stock traded down $1.36 during trading on Wednesday, reaching $178.64. 893,835 shares of the stock were exchanged. The stock has a 50 day simple moving average of $182.04 and a 200-day simple moving average of $177.44. The company has a market capitalization of $47.14 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.