WealthTrak Capital Management LLC Purchases New Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

WealthTrak Capital Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,622 shares of the company’s stock, valued at approximately $1,357,000. iShares MSCI USA Quality Factor ETF makes up approximately 1.1% of WealthTrak Capital Management LLC’s holdings, making the stock its 23rd largest holding.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after buying an additional 2,141,996 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI USA Quality Factor ETF by 14.6% in the 4th quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after acquiring an additional 837,887 shares during the period. M&T Bank Corp grew its position in iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares in the last quarter. Keybank National Association OH raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after purchasing an additional 64,819 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock worth $573,233,000 after purchasing an additional 11,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 4.0 %

QUAL opened at $169.57 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $154.17 and a twelve month high of $187.26. The firm has a market cap of $48.13 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. The company has a fifty day simple moving average of $179.47 and a 200 day simple moving average of $180.22.

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.