Wealth Enhancement Advisory Services LLC Acquires 1,104 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 316,003 shares of the company’s stock after acquiring an additional 1,104 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.12% of iShares MSCI USA Quality Factor ETF worth $56,659,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Private Client Services LLC lifted its position in iShares MSCI USA Quality Factor ETF by 22.4% during the fourth quarter. Private Client Services LLC now owns 13,643 shares of the company’s stock worth $2,430,000 after purchasing an additional 2,501 shares during the period. International Assets Investment Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $572,000. One Wealth Capital Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $6,420,000. Ridgeline Wealth LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $4,743,000. Finally, Advance Capital Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 9.1% during the fourth quarter. Advance Capital Management Inc. now owns 2,169 shares of the company’s stock worth $386,000 after purchasing an additional 181 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 1.5 %

QUAL opened at $176.35 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a 50-day simple moving average of $182.11 and a 200 day simple moving average of $177.51. The stock has a market capitalization of $46.54 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.