Commonwealth Financial Services LLC Acquires 3,504 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Commonwealth Financial Services LLC increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,328 shares of the company’s stock after purchasing an additional 3,504 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.1% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 29th biggest holding. Commonwealth Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,757,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Tempus Wealth Planning LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 18.0% in the fourth quarter. Tempus Wealth Planning LLC now owns 7,634 shares of the company’s stock worth $1,359,000 after purchasing an additional 1,164 shares in the last quarter. Calamos Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 5.7% during the fourth quarter. Calamos Wealth Management LLC now owns 2,564 shares of the company’s stock valued at $457,000 after acquiring an additional 139 shares during the period. Columbus Macro LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 47.4% during the fourth quarter. Columbus Macro LLC now owns 7,541 shares of the company’s stock valued at $1,343,000 after acquiring an additional 2,425 shares during the period. Vantage Point Financial LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $1,670,000. Finally, Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $25,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $182.45 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a 50-day moving average of $182.04 and a two-hundred day moving average of $178.49. The stock has a market capitalization of $48.15 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

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.