Wilmington Savings Fund Society FSB Purchases 43,400 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Wilmington Savings Fund Society FSB lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 384,023 shares of the company’s stock after buying an additional 43,400 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.2% of Wilmington Savings Fund Society FSB’s holdings, making the stock its 14th biggest position. Wilmington Savings Fund Society FSB’s holdings in iShares MSCI USA Quality Factor ETF were worth $70,207,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000. Bison Wealth LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 4.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 334,343 shares of the company’s stock worth $57,136,000 after acquiring an additional 15,595 shares during the period. Finally, Opal Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth $73,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $192.92 on Tuesday. The company has a market capitalization of $55.94 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The stock has a fifty day moving average of $190.48 and a 200-day moving average of $180.59.

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.