Elevation Point Wealth Partners LLC Buys 128,082 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Elevation Point Wealth Partners LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 263.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 176,633 shares of the company’s stock after acquiring an additional 128,082 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 0.8% of Elevation Point Wealth Partners LLC’s investment portfolio, making the stock its 19th largest position. Elevation Point Wealth Partners LLC owned approximately 0.06% of iShares MSCI USA Quality Factor ETF worth $33,880,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Advocate Investing Services LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $27,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.2%

BATS QUAL opened at $218.43 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $181.55 and a 12 month high of $220.24. The stock has a 50 day moving average of $213.05 and a 200-day moving average of $204.74. The company has a market cap of $63.33 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.