Scissortail Wealth Management LLC Invests $10.99 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Scissortail Wealth Management LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 71,946 shares of the company’s stock, valued at approximately $10,988,000. iShares MSCI USA Quality Factor ETF comprises about 3.5% of Scissortail Wealth Management LLC’s holdings, making the stock its 3rd largest position.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 145.7% during the 1st quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after purchasing an additional 4,051,296 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $337,131,000. JPMorgan Chase & Co. boosted its position in iShares MSCI USA Quality Factor ETF by 252.1% in the 1st quarter. JPMorgan Chase & Co. now owns 2,913,485 shares of the company’s stock valued at $361,461,000 after buying an additional 2,085,944 shares during the period. FMR LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.7% in the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after buying an additional 923,875 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in iShares MSCI USA Quality Factor ETF by 75.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,047,250 shares of the company’s stock valued at $269,807,000 after buying an additional 882,291 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock traded up $0.15 during trading hours on Tuesday, hitting $158.32. The company had a trading volume of 1,218,401 shares. The firm has a market cap of $41.42 billion, a P/E ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a 50-day moving average price of $160.88 and a two-hundred day moving average price of $148.36.

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.