Western Wealth Management LLC Has $5.38 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Western Wealth Management LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 29,448 shares of the company’s stock after selling 1,387 shares during the period. Western Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,384,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC increased its position in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $81,990,000. Bison Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after acquiring an additional 3,383 shares in the last quarter. Signaturefd LLC raised its position in iShares MSCI USA Quality Factor ETF by 14.7% during the first quarter. Signaturefd LLC now owns 695 shares of the company’s stock valued at $119,000 after acquiring an additional 89 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after acquiring an additional 80 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 10.0%

iShares MSCI USA Quality Factor ETF stock opened at $194.23 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The firm’s fifty day simple moving average is $194.21 and its 200-day simple moving average is $186.11. The company has a market capitalization of $56.32 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.