Empirical Asset Management LLC Boosts Stake in iShares MSCI USA Quality Factor ETF $QUAL

Empirical Asset Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,046 shares of the company’s stock after acquiring an additional 434 shares during the quarter. Empirical Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,105,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. TFC Financial Management Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 13.3% in the second quarter. TFC Financial Management Inc. now owns 11,929 shares of the company’s stock worth $2,181,000 after acquiring an additional 1,400 shares during the period. Harbor Asset Planning Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $470,000. Horst & Graben Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 4.4% in the second quarter. Horst & Graben Wealth Management LLC now owns 208,285 shares of the company’s stock worth $38,079,000 after acquiring an additional 8,754 shares during the period. Clearview Wealth Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the second quarter. Clearview Wealth Advisors LLC now owns 16,402 shares of the company’s stock worth $2,999,000 after acquiring an additional 587 shares during the period. Finally, WealthPLAN Partners LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 5.3% in the second quarter. WealthPLAN Partners LLC now owns 17,453 shares of the company’s stock worth $3,191,000 after acquiring an additional 873 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $192.20 on Friday. The firm has a market capitalization of $55.73 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company’s fifty day moving average price is $191.00 and its 200-day moving average price is $180.97.

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.