iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Position Lifted by Spire Wealth Management

Spire Wealth Management lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,564 shares of the company’s stock after purchasing an additional 4,236 shares during the quarter. Spire Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,110,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Rollins Financial raised its stake in shares of iShares MSCI USA Quality Factor ETF by 26.3% in the 4th quarter. Rollins Financial now owns 22,116 shares of the company’s stock worth $3,254,000 after buying an additional 4,612 shares in the last quarter. Connecticut Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 2.7% in the fourth quarter. Connecticut Wealth Management LLC now owns 1,513,154 shares of the company’s stock worth $222,645,000 after acquiring an additional 39,422 shares in the last quarter. Avidian Wealth Solutions LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 9.4% in the 4th quarter. Avidian Wealth Solutions LLC now owns 35,138 shares of the company’s stock valued at $5,170,000 after acquiring an additional 3,021 shares during the last quarter. TCG Advisory Services LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.1% during the 4th quarter. TCG Advisory Services LLC now owns 71,206 shares of the company’s stock valued at $10,477,000 after purchasing an additional 2,144 shares in the last quarter. Finally, First National Trust Co grew its stake in shares of iShares MSCI USA Quality Factor ETF by 80.8% in the 4th quarter. First National Trust Co now owns 4,151 shares of the company’s stock worth $611,000 after purchasing an additional 1,855 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.2 %

Shares of BATS QUAL traded up $1.82 during midday trading on Friday, reaching $159.19. The company’s stock had a trading volume of 1,411,118 shares. The company has a market cap of $42.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company has a 50 day moving average price of $160.94 and a 200 day moving average price of $150.68.

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.