NewEdge Wealth LLC Has $27.03 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

NewEdge Wealth LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 99.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,107 shares of the company’s stock after acquiring an additional 67,797 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $27,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Brighton Jones LLC increased its position in iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after buying an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.5%

Shares of BATS QUAL opened at $210.43 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $170.64 and a twelve month high of $211.02. The firm has a fifty day simple moving average of $199.99 and a 200 day simple moving average of $199.61. The company has a market capitalization of $61.01 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.