Baron Wealth Management LLC Has $53.85 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Baron Wealth Management LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 280,742 shares of the company’s stock after selling 3,847 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 16.1% of Baron Wealth Management LLC’s investment portfolio, making the stock its largest holding. Baron Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $53,849,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. WealthBridge Capital Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after acquiring an additional 50 shares in the last quarter. Empire Life Investments Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after purchasing an additional 50 shares in the last quarter. Tompkins Financial Corp grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after purchasing an additional 52 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after purchasing an additional 52 shares in the last quarter. Finally, First Command Advisory Services Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $215.89 on Friday. The company has a market cap of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50-day simple moving average of $210.83 and a 200 day simple moving average of $203.64. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $219.82.

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.