TrueWealth Advisors LLC Acquires 202 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TrueWealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% during the 4th quarter, Holdings Channel reports. The firm owned 3,294 shares of the company’s stock after purchasing an additional 202 shares during the period. TrueWealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $108,645,000. Finally, Orgel Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 71.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after acquiring an additional 515,998 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $180.68 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The firm has a 50 day simple moving average of $181.78 and a two-hundred day simple moving average of $177.74. The company has a market cap of $47.68 billion, a P/E 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.