Empirical Financial Services LLC d.b.a. Empirical Wealth Management Boosts Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 79.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,764,425 shares of the company’s stock after purchasing an additional 778,465 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 6.2% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings, making the stock its biggest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $350,450,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $25,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $28,000. CoreFirst Bank & Trust bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. First Horizon Corp acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $36,000. Finally, Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $192.77 on Thursday. The stock’s 50 day simple moving average is $199.82 and its 200 day simple moving average is $197.94. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65. The firm has a market cap of $55.89 billion, a PE 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.