iShares MSCI USA Quality Factor ETF $QUAL is Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s 4th Largest Position

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 985,960 shares of the company’s stock after acquiring an additional 35,778 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 3.8% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 4th biggest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $191,769,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in QUAL. Brighton Jones LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $81,990,000. Bison Wealth LLC lifted its holdings in shares of 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 purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after buying an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $204.39 on Friday. The firm has a market cap of $59.26 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50-day simple moving average of $201.78 and a two-hundred day simple moving average of $196.07. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.48.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.