Modern Wealth Management LLC Has $87.53 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Modern Wealth Management LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 21.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 454,044 shares of the company’s stock after selling 126,735 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.5% of Modern Wealth Management LLC’s portfolio, making the stock its 13th biggest holding. Modern Wealth Management LLC owned 0.16% of iShares MSCI USA Quality Factor ETF worth $87,526,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Two Sigma Investments LP increased its position in iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 403.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after buying an additional 887,478 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock valued at $350,450,000 after acquiring an additional 778,465 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $81,990,000. Finally, Orion Porfolio Solutions LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 298.3% in the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock valued at $99,229,000 after acquiring an additional 406,488 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.6%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $216.00 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.65 and a 1 year high of $221.16. The company’s fifty day simple moving average is $215.97 and its 200-day simple moving average is $206.74. The company has a market cap of $62.63 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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