Lake Street Private Wealth LLC Buys 1,547 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Lake Street Private Wealth LLC boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,314 shares of the company’s stock after buying an additional 1,547 shares during the period. Lake Street Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,124,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. FMR LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $108,645,000. Finally, Orgel Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 71.6% in the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after purchasing an additional 515,998 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.3 %

Shares of BATS:QUAL opened at $180.68 on Friday. The business’s 50 day moving average is $181.78 and its 200 day moving average is $177.74. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The stock has a market cap of $47.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.