46 Peaks LLC Takes $555,000 Position in iShares MSCI USA Quality Factor ETF $QUAL

46 Peaks LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 2,796 shares of the company’s stock, valued at approximately $555,000. iShares MSCI USA Quality Factor ETF accounts for approximately 0.4% of 46 Peaks LLC’s portfolio, making the stock its 15th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. WealthBridge Capital Management LLC increased its position 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 buying an additional 50 shares in the last quarter. Empire Life Investments Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after acquiring an additional 50 shares in the last quarter. Tompkins Financial Corp boosted its holdings in iShares MSCI USA Quality Factor ETF by 17.8% in the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after acquiring an additional 52 shares in the last quarter. Sunbelt Securities Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 1.4% in the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after acquiring an additional 52 shares during the period. Finally, First Command Advisory Services Inc. grew its stake in 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 valued at $74,000 after acquiring an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.7%

BATS QUAL opened at $215.89 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $219.82. The business has a 50 day moving average price of $210.49 and a 200-day moving average price of $203.56. The company has a market cap of $62.60 billion, a price-to-earnings 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.