Retirement Wealth Solutions LLC Makes New Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Retirement Wealth Solutions LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,279 shares of the company’s stock, valued at approximately $2,342,000. iShares MSCI USA Quality Factor ETF comprises 2.0% of Retirement Wealth Solutions LLC’s holdings, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also modified their holdings of QUAL. Renaissance Technologies LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $1,161,000. Edgestream Partners L.P. acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at $803,000. Blair William & Co. IL grew its position in iShares MSCI USA Quality Factor ETF by 24.0% during the second quarter. Blair William & Co. IL now owns 16,988 shares of the company’s stock valued at $2,901,000 after acquiring an additional 3,287 shares during the period. Hsbc Holdings PLC grew its position in iShares MSCI USA Quality Factor ETF by 12.8% during the second quarter. Hsbc Holdings PLC now owns 102,754 shares of the company’s stock valued at $17,546,000 after acquiring an additional 11,671 shares during the period. Finally, Bridges Investment Management Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1,347.5% in the 2nd quarter. Bridges Investment Management Inc. now owns 27,373 shares of the company’s stock worth $4,674,000 after purchasing an additional 25,482 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $180.68 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm has a market capitalization of $47.68 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s 50-day simple moving average is $181.78 and its 200-day simple moving average is $177.74.

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.