SVB Wealth LLC Boosts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

SVB Wealth LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5,426.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,801 shares of the company’s stock after acquiring an additional 120,579 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,868,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QUAL. FMR LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares during the last quarter. Strategic Financial Concepts LLC increased its position in iShares MSCI USA Quality Factor ETF by 18,801.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock worth $93,070,000 after buying an additional 519,868 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $81,990,000. Finally, Dynasty Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 132.3% in the fourth quarter. Dynasty Wealth Management LLC now owns 523,946 shares of the company’s stock valued at $93,304,000 after buying an additional 298,402 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 2.8 %

Shares of QUAL opened at $181.62 on Friday. The company’s 50 day simple moving average is $181.80 and its 200-day simple moving average is $180.43. The firm has a market cap of $50.44 billion, a PE ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.