iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Cypress Wealth Services LLC’s 3rd Largest Position

Cypress Wealth Services LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,986 shares of the company’s stock after buying an additional 18,639 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 4.4% of Cypress Wealth Services LLC’s holdings, making the stock its 3rd largest position. Cypress Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,530,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 2.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock valued at $5,189,563,000 after buying an additional 596,515 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after acquiring an additional 2,141,996 shares during the last quarter. FMR LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.8% during the 4th quarter. FMR LLC now owns 16,141,300 shares of the company’s stock valued at $2,874,443,000 after acquiring an additional 292,539 shares during the period. Bank of America Corp DE raised its holdings in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock worth $1,374,962,000 after purchasing an additional 113,633 shares during the period. Finally, JPMorgan Chase & Co. raised 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 purchasing an additional 837,887 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $179.59 on Thursday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The stock’s fifty day moving average is $169.53 and its 200 day moving average is $176.72. The stock has a market cap of $51.84 billion, a P/E ratio of 25.81 and a beta of 1.05.

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.