iShares MSCI USA Quality Factor ETF $QUAL is Obermeyer Wealth Partners’ 2nd Largest Position

Obermeyer Wealth Partners increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 554,127 shares of the company’s stock after acquiring an additional 2,957 shares during the period. iShares MSCI USA Quality Factor ETF comprises 5.0% of Obermeyer Wealth Partners’ portfolio, making the stock its 2nd biggest position. Obermeyer Wealth Partners owned about 0.19% of iShares MSCI USA Quality Factor ETF worth $107,778,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Gallagher Fiduciary Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 13,080.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after purchasing an additional 2,463,130 shares during the last quarter. Soundwatch Capital LLC boosted its position in iShares MSCI USA Quality Factor ETF by 72,284.9% in the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after buying an additional 2,434,556 shares during the period. Symphony Financial Ltd. Co. grew its stake in iShares MSCI USA Quality Factor ETF by 4,818.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after acquiring an additional 1,681,568 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth about $305,974,000. Finally, Orgel Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 56.8% during the second quarter. Orgel Wealth Management LLC now owns 2,954,525 shares of the company’s stock valued at $540,146,000 after acquiring an additional 1,070,608 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $203.46 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The firm has a market capitalization of $58.99 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average price of $198.02 and a 200 day moving average price of $192.64.

iShares MSCI USA Quality Factor ETF Company 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.